Cryptocurrency exchange platform Binance.com has been placed by the Monetary Authority of Singapore (MAS) on its Investor Alert List on Sept 2.

Entities listed on the list are not licensed or are exempted from licensing the provision of any regulated financial services in Singapore. The entities on the list may also have been wrongly perceived as being licensed or regulated by the Singapore central bank.

The move follows a series of global regulatory crackdowns on Binance.com.

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