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Singapore's Wary Crypto Embrace Leaves Top Mogul in the Cold – Bloomberg


Binance Holdings Ltd. Chief Executive Officer Changpeng Zhao was putting on a brave face.
An affiliate of the world’s largest cryptocurrency exchange had just withdrawn its application to run a bourse in Singapore. Zhao, the richest person in cryptocurrency with a fortune of about $90 billion, took to Twitter to say the affiliate’s investment in another exchange — one that was regulated — made the application “somewhat redundant.”

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