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MAS Explains Why Binance Was Pinned on Investor Alert List but Not FTX

MAS did not place FTX on its Investor Alert List as it had no evidence that the latter was soliciting Singapore users specifically.

United arab emiratesUnited kingdomAbu dhabiAffairs departmentMonetary authority of singaporePayment services actMonetary authorityInvestor alert listCommercial affairs department

MAS dispels misconceptions on crypto exchange Binance following FTX collapse

FTX was not placed on investor alert list unlike Binance which was not actively soliciting users in S'pore, MAS said. Read more at straitstimes.com.

United kingdomPayment servicesAffairs departmentMonetary authority of singaporeMonetary authorityStraits timesInvestor alert listCommercial affairs departmentPayment services act

Singapore was second-biggest user of FTX pre-collapse, averaging 240,000 unique visitors a month

S'pore investors accounted for 5% of the Web traffic to FTX.com, based on its number of monthly unique visitors. Read more at straitstimes.com.

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Singapore Regulator Justifies Why Binance on Alert List, Not FTX

The Monetary Authority of Singapore explained why Binance was on its Investor Alert list and FTX wasn’t. It also noted the risks involved with crypto exchanges.

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Singapore s Regulators Clarify FTX-Binance Issue, Says Investors Not Protected

Singapore s Regulators Clarify FTX-Binance Issue, Says Investors Not Protected
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