Crypto Giant Binance To Shutter Singapore Platform – Law360


By Elise Hansen (December 13, 2021, 8:50 PM EST) — Binance’s Asia affiliate is withdrawing from the licensing process in Singapore and will be shuttering its platform in the city-state, the company said Monday.

Binance Asia Services Pte. Ltd. said it would wind down its digital payment token services by Feb. 13. Effective immediately, no new user registrations will be accepted on and the platform will not accept new deposits of cryptocurrency or fiat currency, the announcement said. Existing users will be barred from using their assets to buy and sell in mid-January, and users should begin planning to close their positions now before all accounts are closed in mid-February,…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


You May Also Like

About the Author: Kate