Grants

Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance thumbnail

Singapore Grants Crypto License Exemptions to Ripple, Coinbase and Binance

While Singapore recently adopted specific cryptocurrency legislation — the Payment Services Act (PSA) — in January 2020, it turns out that some crypto firms like Ripple, Coinbase and Binance have been exempt from the law since the beginning of the year.The Monetary Authority of Singapore (MAS), the country’s central bank and major financial regulatory authority,…