Singapore users to be offered harsh limitations from Binance
Singapore users to be offered harsh limitations that will be introduced by the globally biggest cryptocurrency exchange, Binance.
Users will not be capable to access order deposit services, as of 26 October, spot trading of cryptocurrency or purchase cryptocurrency via fiat channels or liquid swap as per the announcement of Binance.
Binance is directing affected users to stop all connected traders.
Singapore’s central bank newly publicized that Binance may be in destruction of the state’s Payment Services Act, warning the cryptocurrency exchange to remove Singapore dollar trading pairs and payment options.
Binance has been trying to perform proactively to address regulator fears in recent months and its Singaporean associate is presently awaiting the review of its application to operate in the state.
Federal Tax Ombudsman vows to eradicate maladministration in FBR
LAHORE: Federal Tax Ombudsman (FTO) Dr Muhammad Asif Jah has said that...
FPCCI demands withdrawal of duty, taxes on edible oil
KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) president Mian...
Foreign direct investment falls 4% in first quarter
KARACHI: The inflows of foreign direct investment (FDI) into Pakistan have declined...
Pakistan banks’ record highest growth of 15% after three years
KARACHI: The Pakistani banks’ total advances have grown 15 per cent on...
Electricity generation cost to spike as commodities get dearer
KARACHI: With the commodities experiencing an upswing, the cost of generation on...