BINANCE listed on INVESTOR ALERT LIST by Singapore regulator
The Monetary Authority of Singapore (MAS), the country's central bank and financial regulator have included Binance.com on the investor alert list. The reasons for including Binance on the list are unknown.
The investor alert list includes those unregulated entities that could be mistakenly perceived to be regulated or licensed by the MAS.
However, only the Binance.com website was included in the alert list, while the local website Binance.sg is not currently listed there.
A week ago, Richard Teng, the former chief regulatory officer of the Singapore Stock Exchange, took over as CEO of Binance Singapore.