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
Will Bakkt end the year with a bullish breakout?
On December 12, 2018, the Intercontinental Exchange (ICE) will begin trading Bitcoin futures contracts. It is noteworthy that contracts can be concluded through the platform’s digital asset storage, and clearing will be carried out by ICE Clear US, Inc. All quotas will be in US dollars, and the amount that will be blocked on the account when concluding a futures contract will be 10 bitcoin.
eToro's crypto profits grew 23x in Q2
Investment platform eToro made record profits from commissions for buying and selling cryptocurrencies.
