BINANCE Singapore unit has withdrawn its application for a crypto permit by the Monetary Authority of Singapore (MAS) to operate in the city-state, and will shut down its operations in the financial hub by Feb 13, it said in a statement on Monday (Dec 13).
- Advertisement -
Most Popular
HSBC, Standard Chartered weigh significant risk transfers as Asia-linked deals ramp up
Such moves allow banks to manage default risk on loan books, boost solvency ratios, free up regulatory capital
