Singapore2026.11.06Odaily

Singapore's MAS Warns Public Against Unregulated Firms, Says Binance Not Authorized for Regulated Financial Services

• MAS reaffirmed that Binance holds no license or authorization to offer regulated financial services in Singapore.
• The regulator urged the public to check whether a crypto or financial service provider is MAS-regulated before transacting with it.
• MAS warned that dealing with unregulated firms exposes consumers to greater risk, including limited legal recourse if disputes arise.