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Ripple, Coinbase And Binance Receive License Exemption In Singapore For A Limited Period

Ramsey Baker

Summary: Numerous cryptocurrency firms, including Coinbase, Binance and Ripple, have been given an exemption from holding a license in Singapore for a limited period. According to an announcement from the Monetary Authority of Singapore (MAS) on Wednesday, Ripple Labs Singapore, Coinbase Singapore, Binance Asia Services and others, will be allowed provide specific payment services under exemptions. ...

Numerous cryptocurrency firms, including Coinbase, Binance and Ripple, have been given an exemption from holding a license in Singapore for a limited period.

According to an announcement from the Monetary Authority of Singapore (MAS) on Wednesday, Ripple Labs Singapore, Coinbase Singapore, Binance Asia Services and others, will be allowed provide specific payment services under exemptions. For instance, the three firms will be allowed to provide digital payment token services until July 28, 2020.

By Ramsey Baker

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Link: Ripple, Coinbase And Binance Receive License Exemption In Singapore For A Limited Period   [Copy]
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