Bybit Added to Singapore Monetary Authority's Investor Alert List

PANews, June 18 – According to Cointelegraph, crypto exchange Bybit has been added to the Monetary Authority of Singapore (MAS) Investor Alert List. The list is intended to alert consumers to entities that may be mistakenly perceived as being licensed or regulated by MAS. Bybit Fintech Limited and Bybit appeared on the list on Wednesday, though MAS did not provide a specific reason. Based on publicly available information, Bybit is not licensed or regulated by MAS. Although Bybit was founded by Singapore-based entrepreneur Ben Zhou, the exchange does not operate in Singapore, and its official website lists Singapore as a “restricted service country.”

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Tether to Discontinue Gold-Backed Derivative Stablecoin aUSDT
PANews Newsflash