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Binance Drops Plans to Launch Singapore Crypto Exchange

By
Shai Oster
· · Source: Reuters

Binance, the world’s bigget cryptocurrency exchange by trading volume, has announced it will drop plans to set up an exchange in Singapore. Singapore has a relatively welcoming legal regime for cryptocurrencies but only a handful of exchanges have been licensed. The move also halts speculation that the company would set up its headquarters in Singapore, where founder Changpeng Zhao has...

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