Cryptocurrency exchange license in Singapore
Singapore is one of the countries that are willing to regulate different cryptocurrency projects. Moreover, Asia is the place where mining farms, big exchanges and many ICOs are established, making Singapore an important place for cryptocurrency projects.
- Notify the Authority of any changes of the main information, related to its operation;
- Manage risks efficiently;
- Record transactions;
- Make reports to the Authority on regular basis;
- Assist the Authority when required;
- Be confidential about user information and employees, unless the Authority or order of court states otherwise.