Saturday, 6 February 2021

Transferring Crypto from Binance SG to Ledger

 

*Not too sure if Binance SG is MAS regulated as mentioned in video (my mistake), understand that Binance SG is backed by Vertex Venture Holdings Ltd, the venture capital arm of Singapore-based Temasek Holdings Pte.

Currently under The Payment Services Act, Monetary Authority of Singapore will bring cryptocurrency firms into the regulatory fold, the law will hand MAS formal supervisory powers for cybersecurity risks and controls on money laundering and terrorism financing. 

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