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Monetary Authority Of Singapore (MAS) Puts Binance On Investor Alert List

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Today, Binance legal problems took a new twist. Binance.com has been placed on the Investor Warnings List by the Monetary Authority of Singapore (MAS), Central Bank of Singapore and the Chief Financial Regulators of Singapore.


This list includes the names of organizations and companies that have not been regulated by MAS.

Binance.com appears on the Investor Warnings list on the Monetary Authority of Singapore site on Sep 02. The Investor Warnings List includes unregulated entities and individuals that might have been misunderstood to be licensed or regulated.

See Monetary Authority of Singapore (MAS): https://www.mas.gov.sg/investor-alert-list

Official MAS website writes:

“The Investor Alert List provides a list of unregulated persons who, based on information received by MAS, may have been wrongly perceived as being licensed or regulated by MAS. This list is not exhaustive and is based on what was known to MAS at the time of publication.”

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Albert
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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