Binance flagged by Singapore’s MAS, placed on Investor Alert List
While Binance has continued to accelerate its compliance efforts, its regulatory woes just keep mounting. The Monetary Authority of Singapore [MAS] is in the news today after it put the cryptocurrency exchange on its regulatory radar. The exchange platform was placed on the central bank’s Investor Alert List on 2 September. The list contains companies or entities that have not been licensed by the regulatory body but may have been wrongly perceived by investors to be regulated. Now, while no further details about the flagging have been provided, it comes