Binance keeps remote staff in Singapore despite crypto licensing crackdown

Binance will continue to maintain hundreds of remote employees in Singapore as the city-state enforces stricter rules for digital asset firms. These workers primarily focus on compliance and internal operations, helping Binance navigate the regulatory landscape.

The Monetary Authority of Singapore’s regulations require local firms to obtain licenses for overseas services. However, Binance’s remote-first structure keeps its operations functioning in a legal gray area, with its workforce largely unaffected by the new licensing requirements.

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