![]() ![]() Also, foundations for Litecoin, TRON, and VeChain are based here. Coinbase, Gemini, and Huobi already have a presence in Singapore. It is not too surprising to hear that Binance has chosen to launch in Singapore, a global financial hub with relatively low taxes, a tech-friendly atmosphere, and a reputation as a good place to launch ICOs a few examples of ICOs launched in Singapore are TenX, Golem, and Qtum. This means that it is quite likely that the Singapore exchange will be launched before the end of the year, and that it will be offering SGD/BTC and SGD/ETH trading pairs. Later that day, the Binance CEO admitted to his mistake on Twitter saying: “I just slipped that we will begin #Binance Singapore fiat exchange live money closed beta testing on Sept 18th, in 3 days. After the announced, he went even further and unfolded all his plans for the Asian city-state as was revealed that a close beta test would begin on September 18th. ![]() Changpeng “CZ” Zhao , co-founder and CEO of crypto exchange Binance, one of the world’s largest crypto exchange by traded volume, slipped out, apparently by accident, plans to launch a fiat-to-crypto exchange in Singapore. The announced was made on September 15th, over the day two of the Cumberland Summit in Singapore. The likes of Binance, taken as example, as it just announced it is planning to open a fiat-to-crypto exchange in Sinapore in the coming months. And in the midst of all the pressure coming from the institutional spectrum, private investors an companies expand and thrive within its boundaries. The crypto market is more alive than ever. Binance CEO “Accidentally” Announces a Crypto Exchange In Singapore ![]()
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