Hong Kong cryptocurrency exchange Binance September 18, will begin closed beta testing of the new crypto-Fiat platform in Singapore. The news of this shared exchange CEO, Chanpen Zhao (Changpeng Zhao) in his Twitter account.

“I just realized that we are starting a closed beta of Fiat platforms #Binance Singapore three days later, on September 18. By invitation only. Awesome!”, — posted on Twitter by the head of the exchange.

Details about the new platform were not disclosed, but we know that service users will be able to exchange the cryptocurrency for the Singapore dollar.

We will remind, in July, analysts Crypto Finance Conference praised Singapore as one of the most attractive countries for ICO. In second place was Switzerland, after the United States.

In addition to Singapore, Binance is actively expanding its presence in Malta. So, last week Binance signed a partnership agreement with a subsidiary of the Stock exchange of Malta, which plans to open a marketplace for security-tokens. Malta is also considered one of the most favorable for cryptobytes States, thanks to its soft policy towards technology.