PAP is such a fucking joke. One hand don't know what the other is doing

[Papsmearer]

More sinkie taxpayer money go down the drain.

Asian Watchdogs Wary of Binance Before US Downfall​

Crypto exchange, which has Asian links, fined over US$4 billion by US authorities​

NOV 23

Asian regulators were ringing alarm bells over Binance well before the world’s largest cryptocurrency exchange and its former chief executive officer (CEO), Changpeng Zhao, pleaded guilty to US authorities on November 21. In September 2021, for instance, the Monetary Authority of Singapore (MAS) ordered Binance to stop soliciting Singapore users. At the same time, MAS placed the exchange on its Investor Alert List for soliciting Singapore users without a license. “Further, on MAS’ referral, the Commercial Affairs Department commenced investigation into Binance for possible contravention of the Payment Services Act,” according to an MAS statement at the time.

Temasek-backed Vertex invests in cryptocurrency exchange Binance​

SINGAPORE (Reuters) - Vertex Ventures, backed by Singapore state fund Temasek [TEM.UL], has invested in Binance, one of the world's biggest cryptocurrency exchanges, as it prepares to expand operations into the city-state, the firms said on Tuesday.

In a joint statement, the firms said the investment - the amount of which was undisclosed - will help Binance build and launch by year-end an exchange in Singapore for swapping between hard currencies and digital currencies.


The investment by Vertex Ventures China and Vertex Ventures Southeast Asia & India funds will also help Binance launch other exchanges and services throughout Southeast Asia.

Singapore aims to become a hub for financial technology and innovation in Asia even if some policymakers have warned about the risks of speculative investments in cryptocurrencies.

Hong Kong-based Binance was warned by Japan's financial watchdog in March for operating without registration.

 

[laksaboy]

Already mentioned here:

https://www.sammyboy.com/threads/ne...talent-for-betting-on-the-wrong-horse.352991/

Never underestimate the PAP regime's talent for betting on the wrong horse. There are more examples, and there will be more examples in future.

 

[k1976]

More sinkie taxpayer money go down the drain.

Asian Watchdogs Wary of Binance Before US Downfall​

Crypto exchange, which has Asian links, fined over US$4 billion by US authorities​

NOV 23

Asian regulators were ringing alarm bells over Binance well before the world’s largest cryptocurrency exchange and its former chief executive officer (CEO), Changpeng Zhao, pleaded guilty to US authorities on November 21. In September 2021, for instance, the Monetary Authority of Singapore (MAS) ordered Binance to stop soliciting Singapore users. At the same time, MAS placed the exchange on its Investor Alert List for soliciting Singapore users without a license. “Further, on MAS’ referral, the Commercial Affairs Department commenced investigation into Binance for possible contravention of the Payment Services Act,” according to an MAS statement at the time.

Temasek-backed Vertex invests in cryptocurrency exchange Binance​

SINGAPORE (Reuters) - Vertex Ventures, backed by Singapore state fund Temasek [TEM.UL], has invested in Binance, one of the world's biggest cryptocurrency exchanges, as it prepares to expand operations into the city-state, the firms said on Tuesday.

In a joint statement, the firms said the investment - the amount of which was undisclosed - will help Binance build and launch by year-end an exchange in Singapore for swapping between hard currencies and digital currencies.


The investment by Vertex Ventures China and Vertex Ventures Southeast Asia & India funds will also help Binance launch other exchanges and services throughout Southeast Asia.

Singapore aims to become a hub for financial technology and innovation in Asia even if some policymakers have warned about the risks of speculative investments in cryptocurrencies.

Hong Kong-based Binance was warned by Japan's financial watchdog in March for operating without registration.

Almighty Good Hand is Omni-potent de woh

 

[k1976]

According to Sept 2023 data, 70 4% sorpok Good Hands de mah

 

[Hightech88]

 

[k1976]

Jin de Good Handsome Man

 

[True Believer]

So typical of the Civil Service in general when one hand doesn't know what the other is doing or saying.

 

[glockman]

They are experts at buy high, sell low. And demand high salaries but give low returns.

Uniquely Singapore, gotta love that!

 

[True Believer]

They are experts at buy high, sell low. And demand high salaries but give low returns.
Uniquely Singapore, gotta love that!

They tell us to be prepared for foreign competition for our PME jobs, but they don't have to face the same threat from foreigners for their jobs.