Quote from: TheGreatPython on October 04, 2021, 07:48:06 PM

Quote from: Silver80 on September 30, 2021, 01:17:57 AM

Binance.com's time has ended in Singapore they will stop the deposit feature, even though Binance, which is the largest crypto exchange platform in the world based on trading volume, members are given 1 month to withdraw.
This clearly affects BNB
https://www.forbes.com/sites/zinnialee/2021/09/28/binance-to-ban-singapore-users-from-crypto-trading-and-buying-on-its-global-platform/?sh=6d074dd17e17

I just can’t understand what has been happening to binance.com as of recently. Almost in every country they have office they have been banned from operating in those countries, and I’m yet to understand the reason why all these countries have been banning them. They were banned in the UK, and there are also other countries that I can’t really remember that also banned binance.com, so what is the problem?

Is it because of the way they work? Or is it that all these countries are seeing them as a threat to their security? Whatever the problem is, I think it’s time they look for a way to settle it. Seriously, they can’t continue like this. If they should continue this way then it’s going to make some people to start suspecting them.

If only read the news headlines that are included, it is understandable that it will make readers think that Binance is banned or Binance is banning users from Singapore, but what actually happens is that they are required to comply with the rules issued by the Singaporean monetary authority, and isn't this normal? when there are businesses operating in a country they must comply with all the rules that exist in that country.

The thread title is even more bombastic Wink

, why should Singapore attack Binance?, when they themselves are crypto friendly countries