Singapore Revokes Crypto Firm’s License in Rare Regulatory Crackdown

The post Singapore Revokes Crypto Firm’s License in Rare Regulatory Crackdown appeared first on Coinpedia Fintech News Monetary Authority of Singapore has revoked the payment license of crypto liquidity provider Bsquared Technology, also known as BSQ, after uncovering what it called “serious breaches” of regulatory rules. The decision prevents the company from offering digital payment token services in Singapore. The move is significant because Singapore has generally positioned itself as a crypto-friendly …