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Binance to Continue Remote Operations Despite Singapore’s Unlicensed Crypto Exchange Regulations
Binance is set to continue its remote working model despite regulatory pressures from Singapore’s financial watchdog. The Monetary Authority of Singapore (MAS) has mandated that cryptocurrency firms lacking a Digital Token Service Provider (DTSP) license cease servicing international clients by June 30. However, industry insiders suggest this directive will minimally disrupt Binance’s operational framework. This development underscores the evolving regulatory landscape for crypto exchanges and highlights Binance’s strategic approach to compliance while maintaining business continuity in key Asian markets.
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