Binance expanding to Singapore with a fiat-to-crypto exchange

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Recently in a blockchain event which happened in Singapore, Binance CEO, Zhao Changpeng, accidentally announced that a new exchange in Singapore will soon be rolling out. The fiat-to-crypto exchange beta testing ended yesterday, judging from the information given. But the real beta version of the exchange will only be available for a small group of people for testing. 

Further details on the upcoming exchange were not given.