Binance Asia Services Ltd has withdrawn its application for a local license to run a bourse in crypto-friendly Singapore following by shutting down its trading platform.
The unexpected move by the Singapore affiliate of the world’s largest cryptocurrency exchange ended an effort that started last year to win approval from Singapore’s authorities.
The company will shut down its trading platform in the city-state by February 13, 2022, Binance Asia said in an emailed statement to Bloomberg on
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