Coinbase and Binance Seek Singapore Permits

Singapore units of Coinbase Global Inc. and Binance Holdings Ltd. are among the remaining 70 applicants for a license to provide cryptocurrency services in the Asian financial hub. 
That’s according to information posted on the website of the Monetary Authority of Singapore. It shows the number of firms operating with an exemption while their application is processed is now less than half the 170 that last year applied for a permit.