Binance CEO Says Crypto Exchange Has Applied for a Singapore License
The world's top cryptocurrency exchange by trading volume is hoping to get the official green light to operate in Singapore.
The Singapore exchange is adding tether (USDT) perpetual contracts to simplify account management and allow two-way trades.
Singapore-based Coinpip said it has "suspended operations" while it looks at becoming licensed under new AML rules.
Cryptocurrency firms can continue operating but must apply for a license by summer under new rules
Coinhako has restricted user accounts since last Friday following an "attack," but has not released many details around the incident.
The digital currency exchange had unlawfully reversed seven trades after its system erroneously allowed a trader to sell ether at an inflated price, the court decided.