[BasedApp to Cease Offering Visa Card Products in Singapore] Foresight News reports that the multi-channel trading platform Based announced via Twitter that BasedApp will cease offering Visa card products in Singapore and has stopped accepting new Visa card applications. The team has decided to refocus its efforts on self-custody wallet software and expand its international business outside of Singapore. Additionally, it has withdrawn its license application submitted to the Monetary Authority of Singapore under the 2019 Payment Services Act.