Singapore Police Say Investigations Into Binance.com Ongoing
- Regulator had said probe started for possible rules breach
- Binance says firm does not actively solicit Singapore users
Singapore police are investigating Binance.com over a possible breach of local payment services rules.
“Police investigations are ongoing and we are unable to comment further,” according to a statement from the police in response to queries from Bloomberg News. The probe started when the nation’s financial regulator referred the case to the white-collar crime unit of the Singapore Police Force, the Monetary Authority of Singapore had said a day earlier.
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Singapore Police Say Investigations Into Binance.com Ongoing