Binance custody arm ‘Ceffu’ to apply for license in Singapore

2023-3-2 15:26

Leading crypto exchange Binance has hinted at plans to reapply for a regulatory license in Singapore through its custody arm- Ceffu.

In December 2021, Binance withdrew its license application to the Monetary Authority of Singapore (MAS) over regulatory concerns. Consequently, it closed its operations, barring retail users from trading on the exchange.

However, on Feb. 9, Binance rebranded its custodial arm- Binance Custody as Ceffu- to offer trading services to professional investors.

In efforts to reenter Singapore, a Binance executive said Ceffu would apply for a license to obtain regulatory approval from the MAS, Nikkei Asia reports on March 2.

Ceffu vice president Athena Yu told Nikkei Asia

“Given the city’s reputation in innovation, good corporate governance, and a strong regulatory framework, it’s no surprise that institutional investors are attracted to set up shop here.”

In addition, Binance has moved to increase its capabilities to meet regulatory demands. Amidst its hiring spree in 2022, the exchange reportedly focused largely on employing people with years of experience in law enforcement and regulation.

The post Binance custody arm ‘Ceffu’ to apply for license in Singapore appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Custody Token (CUST) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0020386 (-100%)

license binance singapore custody ceffu arm apply

Источник: cryptoslate.com

license binance → Результатов: 83


Фото:

Binance расширила лицензию в Бахрейне

24 мая биткоин-биржа Binance получила от Центрального банка Бахрейна (CBB) лицензию поставщика услуг в сфере цифровых активов категории 4. We're excited to announce that #Binance has become the first exchange to be granted a category 4 license by the Central Bank of Bahrain.

2022-5-26 13:52


Binance.US получила лицензию в Пуэрто-Рико

Американское подразделение биткоин-биржи Binance получило лицензию провайдера денежных переводов от финансового регулятора Пуэрто-Рико. Excited to add another Money Transmitter License, as #PuertoRico marks our fourth in four months.

2022-4-20 12:53


Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year

Both Binance and Coinbase’s Singapore units are among 70 applicants for a license to provide cryptocurrency services in the country. According to the central bank Monetary Authority of Singapore’s (MAS) website, the number of firms operating with an exemption while their application is processed has now declined from 170 that last year applied for a […] The post Binance and Coinbase Apply for a License in Singapore, Total Applicants Halved from Last Year first appeared on BitcoinExchangeGuide.

2021-11-12 18:43


Регуляторы Таиланда подали иск против Binance

Комиссия по ценным бумагам и биржам Таиланда (SEC) заявила, что Binance работает в стране без лицензии. Регулятор подал иск о возбуждении уголовного дела. SEC files a criminal complaint against Binance for operating digital asset business without license https://t.

2021-7-3 14:34


Binance Applies for Singapore Crypto License Under The New Payment Services Act

Binance crypto exchange through its parent company has applied for Singapore’s new operating license. This follows an upgrade of laws governing crypto in the FinTech friendly jurisdiction. Singapore sought to advance its payments’ ecosystem legalities as more firms’ leveraging blockchain tech and tokenization set up in the country.

2020-2-17 20:06


Чанпэн Чжао: слухи о легализации бирж в Китае не соответствуют действительности

По словам главы биржи Binance Чанпэна Чжао, гуляющий по сети документ о якобы легализации бирж в КНР — вовсе не лицензия Народного банка Китая, а простое свидетельство о регистрации бизнеса. Let’s put this to bed.

2019-11-3 16:37


дальше еще 34 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bybit expands compliance with VASP license in Georgia

Bybit has received another VASP license, following approvals in other regions, including the Netherlands and Kazakhstan. Crypto exchange Bybit has obtained a Virtual Asset Service Provider license from Georgia’s National Bank, marking another step in the company’s global compliance efforts.…

Kraken unveils broker offering in Australia for institutions

Crypto exchange Kraken says its wholesale clients can now purchase crypto derivatives via its Australian financial services licensed broker. U.S.-based cryptocurrency exchange Kraken is expanding crypto-based offerings among Australian customers, extending its offerings to eligible wholesale clients seeking exposure to…

SEC ordered to file Ripple appeal brief by Jan. 15, 2025

The SEC must submit its opening brief in the Ripple SEC appeal by Jan. 15, 2025, as part of a key phase in the ongoing legal process. The post SEC ordered to file Ripple appeal brief by Jan. 15, 2025 appeared first on Crypto Briefing.

SEC crackdown continues with Immutable latest to receive Wells Notice

The SEC has issued a Wells notice to blockchain gaming platform Immutable in what has become a widespread crackdown on crypto companies ahead of the US election. Immutable said in an Oct. 31 blog post that the move is the latest instance of the SEC’s “regulation-by-enforcement” policy targeting the crypto industry.