Singapore suspends crypto exchange over row with K-pop band BTS

Bitget reportedly loses licence after it promoted Army Coin, named after group’s ‘BTS army’ followers

Singapore’s financial regulator has reportedly suspended Bitget, a crypto exchange that is mired in a row involving South Korea’s biggest boyband, BTS.

Bitget has removed the Monetary Authority of Singapore’s logo from its website, the Guardian confirmed. The platform still claims to have licences from Australia, Canada and the United States, according to its website.

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Bitget reportedly loses licence after it promoted Army Coin, named after group’s ‘BTS army’ followers
Singapore’s financial regulator has reportedly suspended Bitget, a crypto exchange that is mired in a row involving South Korea’s biggest boyband, BTS.
Bitget has removed the Monetary Authority of Singapore’s logo from its website, the Guardian confirmed. The platform still claims to have licences from Australia, Canada and the United States, according to its website. Continue reading…Technology | The Guardian

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