Express

Crypto Payments Firm Shuts Down Operations Citing Singapore’s New Regulatory Regime

Roland James

Summary: Coinpip, the cryptocurrency payments provider, has temporatily shut down, as the company looks to meet requirements set under the Singapore Payment Services Act According to an announcement from the Singapore-based firm, it has "suspended operations" while it trys to become licensed by the country's financial regulators after new rules were brought in earlier this year. ...

Coinpip, the cryptocurrency payments provider, has temporatily shut down, as the company looks to meet requirements set under the Singapore Payment Services Act

According to an announcement from the Singapore-based firm, it has "suspended operations" while it trys to become licensed by the country's financial regulators after new rules were brought in earlier this year.

By Roland James

Last Update:

Tags: ,,,,
Link: Crypto Payments Firm Shuts Down Operations Citing Singapore’s New Regulatory Regime   [Copy]
Next:

Related Articles

  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 1 day ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 4 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 8 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 10 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 12 days ago

    • You need to login to comment.