Singapore: Recently, SKHTU Exchange has accelerated adjustments to its internal compliance architecture to ensure that the platform meets all review standards before formally submitting its application for a Singapore MAS license. The platform disclosed that its preparations have covered key areas including KYC/AML processes, fund custody mechanisms, risk control systems, and internal governance structures.
According to BERNAMA News Agency, SKHTU Exchange has connected with the identity verification system of Singapore and introduced a multi-level review mechanism to conduct full-process verification of user identities and sources of funds, ensuring that all operations comply with the regulatory requirements of the Monetary Authority of Singapore. Through these specific measures, the platform will complete full-process compliance preparations before formally submitting its MAS license application.