SINGAPORE – Cryptocurrency exchange platform Binance.com was placed on the Monetary Authority of Singapore’s (MAS) Investor Alert List on Thursday (Sept 2).

The list flags companies that are not licensed by the MAS, but may have given investors the impression that they were sanctioned by the Singapore regulator.

As of Sept 2, the MAS website listed 699 companies, including those registered overseas, which may have been wrongly perceived to be regulated by MAS.