Post
Topic
Board Altcoin Discussion
Re: singapore attack binance.com
by
masterrex
on 30/09/2021, 12:48:55 UTC
The title is misleading, I don't know if you read the article you posted or not.

Binance has to comply with Singapore's regulatory board, that's why they have to stop and accept any deposits from Singaporean. There is no Singapore attacks Binance.com, on the contrary, Binance is trying it's best to follow every countries crypto framework and that includes Singapore's Monetary Authority of Singapore.

Binance is just trying to have a good reputation because I think it has something to do with their IPO that they might pull in the future.

I agree with that observation, mate, it was a misleading title because the Singapore authorities didn't attack Binance to discredit it, but only just imposing the regulatory requirements on the crypto exchange that's why they are temporarily ceasing its operation and give its users an ample time to withdraw their balances, and also Binance says that they are ready to comply with the requirements if necessary so IMO, Binance service will restore sooner or later.