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Binance Bans Singapore Users From Accessing Its Global Platform - Politics - Nairaland

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Binance Bans Singapore Users From Accessing Its Global Platform by EngrHumble(m): 11:33am On Oct 03

The crypto giant, Binance has banned Singapore Users from accessing its platform globally. The crypto firm stated that beginning October 26, Singapore users will be unable to perform any transactions on its platform, including spot trading, depositing, buying, or selling Cryptocurrencies.

The company claims that its global service is continually evaluating its offers to ensure that they not only suit the needs of users, but also adhere to local rules. In an email, the firm's representative said,

"We are collaborating with the Monetary Authority of Singapore and other global regulators to comply with the necessary regulatory standards and support any required service adjustments." “In this new sector, we are actively keeping informed of evolving policies, norms, and laws.”

The Singapore dollar trading pairs and payment options have been discontinued by Binance Global. And their Mobile app was also taken down from the Apple and Google Play stores in Singapore.

The announcement came after the Monetary Authority placed the crypto trading website on its investor alert list, which contains uncontrolled firms that could be mistakenly regarded as licensed or regulated by authorities.

According to Binance, this decision was made to show commitment to Local rules and regulations. They further advices Singapore users to stop all linked trades, withdraw fiat money, and redeem tokens before the October deadline.

https://newscreeds.com/binance-ban-singapore-users/

4 Likes 1 Share

Re: Binance Bans Singapore Users From Accessing Its Global Platform by Illuminatiship(m): 11:34am On Oct 03
Na their business..

1 Like 3 Shares

Re: Binance Bans Singapore Users From Accessing Its Global Platform by SadiqBabaSani: 12:09pm On Oct 03
Wahala fr crypto people, one good news then another bad news

14 Likes 1 Share

Re: Binance Bans Singapore Users From Accessing Its Global Platform by slawormiir: 2:18pm On Oct 03
Damnnn niggar
Isoright...

This crypto self

Today bad news... tomorrow encouraging news....Next tomorrow another bad news

39 Likes 4 Shares

Re: Binance Bans Singapore Users From Accessing Its Global Platform by Lubolubo(m): 2:18pm On Oct 03
Chaiiii

Re: Binance Bans Singapore Users From Accessing Its Global Platform by chidiebube107: 2:18pm On Oct 03
E remain dis sh*t hole
Re: Binance Bans Singapore Users From Accessing Its Global Platform by Faller: 2:18pm On Oct 03
grin grin grin

Malami Comes to Mind

2 Likes

Re: Binance Bans Singapore Users From Accessing Its Global Platform by MANNABBQGRILLS: 2:18pm On Oct 03
The company claims that its global service is continually evaluating its offers to ensure that they not only suit the needs of users, but also adhere to local rules. In an email, the firm's representative said,

2 Likes 3 Shares

Re: Binance Bans Singapore Users From Accessing Its Global Platform by SamuelAnyawu(m): 2:19pm On Oct 03
shocked
Re: Binance Bans Singapore Users From Accessing Its Global Platform by BizBayo: 2:20pm On Oct 03
Surely, they will find a way to keep using it.

Na gra gra the government just dey do.
Re: Binance Bans Singapore Users From Accessing Its Global Platform by shidof(m): 2:20pm On Oct 03
MANNABBQGRILLS:
Reading
and reply with rubbish from all us @

29 Likes 3 Shares

Re: Binance Bans Singapore Users From Accessing Its Global Platform by Triangles1(m): 2:20pm On Oct 03
Hmmm
Re: Binance Bans Singapore Users From Accessing Its Global Platform by PCG1: 2:20pm On Oct 03
v
p
n
ғιnιѕн ғor world❓❓undecided
aвeg geттoυт we нave вιgger ιѕѕυeѕ тo нandle noт ѕoмe ѕнιт rιgнт nowembarassed

1 Like

Re: Binance Bans Singapore Users From Accessing Its Global Platform by Unruly7(m): 2:21pm On Oct 03
Hmmmm
Nigeria next

My problem be ßay after I use money buy BNB and ADA
All theses just de happen sad

1 Like

Re: Binance Bans Singapore Users From Accessing Its Global Platform by GreaterFuture(m): 2:21pm On Oct 03
Rough
Re: Binance Bans Singapore Users From Accessing Its Global Platform by Donelit: 2:21pm On Oct 03
All the best for them
Re: Binance Bans Singapore Users From Accessing Its Global Platform by Enudapan: 2:21pm On Oct 03
Nah eh! No qualms
This is so unsophisticated

Binance or Bianca (whatever it is called) have been fucking up lately, infact in Nigeria here ordinary for you to do verification than better war!

2 Likes

Re: Binance Bans Singapore Users From Accessing Its Global Platform by SarkinYarki: 2:21pm On Oct 03
las las Crypto will be targeted only at Africans ..we will eventually use it to transfer all Africas wealth to the west ... when Nigeria is leading in anything you need to look well cheesy cheesy

Watch how dumb Nigerians who have never gotten anything right in their life including Buhari attack cheesy cheesy

7 Likes 1 Share

Re: Binance Bans Singapore Users From Accessing Its Global Platform by Jaydot01: 2:21pm On Oct 03
Don't try this in nigeria
Re: Binance Bans Singapore Users From Accessing Its Global Platform by Deicide: 2:23pm On Oct 03
WARNING!!! Crypto is not investment it's gambling grin

20 Likes

Re: Binance Bans Singapore Users From Accessing Its Global Platform by Jackbaur88: 2:24pm On Oct 03
SarkinYarki:
Crypto is only targeted at Africans ..we will eventually use it to transfer all Africas wealth to the west
You don't know a shit about crypto bro

29 Likes 1 Share

Re: Binance Bans Singapore Users From Accessing Its Global Platform by somehow: 2:25pm On Oct 03
Unruly7:
Hmmmm
Nigeria next

My problem be ßay after I use money buy BNB and ADA
All theses just de happen sad

And you self go call yourself crypto trader?

4 Likes

Re: Binance Bans Singapore Users From Accessing Its Global Platform by somehow: 2:25pm On Oct 03
Jackbaur88:

You don't know a shit about crypto bro
Too many ignoramus on this thread.

7 Likes

Re: Binance Bans Singapore Users From Accessing Its Global Platform by Nbotee(m): 2:27pm On Oct 03
SarkinYarki:
Crypto is only targeted at Africans ..we will eventually use it to transfer all Africas wealth to the west


Do U have a human brain or its filled with Mud?

7 Likes

Re: Binance Bans Singapore Users From Accessing Its Global Platform by ofiko123(m): 2:27pm On Oct 03
Illuminatiship:
Na their business..


I am telling you..
Re: Binance Bans Singapore Users From Accessing Its Global Platform by thebosstrevor1: 2:28pm On Oct 03
OLD NEWS

Singapore government banned Binance for not having a license not the other way around

4 Likes

Re: Binance Bans Singapore Users From Accessing Its Global Platform by SarkinYarki: 2:29pm On Oct 03
Jackbaur88:

You don't know a shit about crypto bro

Clown ..keep fooling yourself ..there nothing to know there please ..it's just just pump and dump rinse and repeat..people must loose out for a timely few to gain ....Somebody collects your fiat and hands imaginary nonsense that you have have to sell to get back fiat currency ... You people are moving dollars to west but keep deceiving yourself

11 Likes 1 Share

Re: Binance Bans Singapore Users From Accessing Its Global Platform by Ola17: 2:30pm On Oct 03
SarkinYarki:
Crypto is only targeted at Africans ..we will eventually use it to transfer all Africas wealth to the west

Sir kindly explain what you mean by this statement.

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