Cryptocurrency Q&A
Which cryptocurrency exchanges in Singapore are under the MAS exemption?
Which cryptocurrency exchanges in Singapore are under the MAS exemption?
Claudio
Mon Jul 15 2024
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7 answers
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Could you elaborate on which cryptocurrency exchanges operating in Singapore are currently under the exemption granted by the Monetary Authority of Singapore (MAS)? I'm particularly interested in understanding the criteria for these exemptions and whether there are any specific regulations or guidelines that these exchanges must adhere to in order to maintain their exempt status. Additionally, are there any notable exchanges that have been granted exemptions recently, and how do these exemptions impact investors' decision-making processes in the Singapore market? Thank you for clarifying.
7 answers
KatieAnderson
Wed Jul 17 2024
Cryptocurrency exchanges in Singapore have been actively pursuing regulatory compliance.
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MysticEchoFirefly
Tue Jul 16 2024
Similarly, other cryptocurrency exchanges in Singapore have also followed suit and submitted their licence applications.
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GwanghwamunGuardianAngelWings
Tue Jul 16 2024
Among these exchanges, Binance.sg is one of the prominent players.
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Dario
Tue Jul 16 2024
These exchanges are operating under exemptions granted by MAS until their applications are approved.
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ShintoSanctum
Tue Jul 16 2024
Binance.sg, as a Singapore-based cryptocurrency exchange, has submitted its licence application to the Monetary Authority of Singapore (MAS).
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