Despite being bound by Singapore regulations, Binance plans to maintain a telecommuting model."
Internet reports that although Singapore has introduced local regulations on unlicensed cryptocurrency exchanges, Binance still plans to maintain a telecommuting model. The Monetary Authority of Singapore (MAS) has previously ordered local cryptocurrency companies that do not hold digital token service provider (DTSP) licenses to stop providing services to overseas customers before June 30 (local time). The media quoted sources as saying: "This regulation is expected to have little impact on Binance's operations."
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