币界网报道：Binance's Singapore unit, Binance Asia Services, withdrew its local license application and will shutter operations by February 2022, citing regulatory challenges. The move follows increasing global scrutiny on crypto exchanges, with Singapore's Monetary Authority emphasizing strict compliance. Binance CEO Changpeng Zhao stated the firm remains committed to working constructively with regulators worldwide. The closure affects Singapore users, who must liquidate positions or transfer assets to Binance.com by year-end. Industry analysts view this as part of Binance's broader strategy to navigate complex regulatory landscapes while maintaining global operations. Singapore continues refining its crypto framework, balancing innovation with consumer protection.