The cryptocurrency exchange announced new restrictions amid pressure from the regulator.
At the beginning of the month, Binance was forced to stop accepting deposits in the Singapore dollar.
According to a statement published on the Binance website, users in Singapore will now be unable to make deposits in fiat currencies, trade spot, use Liquid Swap, or purchase cryptocurrency using fiat.
This year, Binance has faced strong regulatory pressure. Subsequently, management was forced to suspend some services in several countries.
Subscribe to ForkNews on Telegram to stay up to date with news from the world of cryptocurrencies
According to cointelegraph.com
You May Also Like
OKEx will abandon 58 trading pairs
One of the world's leading cryptocurrency exchangers, Hong Kong-based OKEx, has announced its intention to remove dozens of trading pairs on its platform. The delisting announcement was published on the company's website.
CFTC initiates investigation against Gemini
The information that emerged during the trial of the Winklevoss twins interested the US Commodity Futures Trading Commission (CFTC). The department began an investigation into the activities of the exchange.
