Tagged: major payment institution licence

Sygnum Singapore Obtains In-Principle Approval of Major Payment Institution License from MAS

June 18, 2023 @ 3:41 pm By Omar Faridi |

Sygnum announces the upcoming expansion of its regulated operations in Singapore following the in-principle approval of its Major Payment Institution Licence (MPIL) application. The expanded Singapore offering includes regulated crypto brokerage service. It marks the latest expansion of Sygnum Singapore’s regulated activities “following the three-part… Read More

Read more in: Blockchain & Digital Assets, Asia, Fintech | Tagged gerald goh, in-principle approval, major payment institution licence, milestone, singapore, southeast asia, sygnum, sygnum bank

Crypto.com Obtains Major Payment Institution License from Monetary Authority of Singapore

June 5, 2023 @ 8:27 am By Omar Faridi |

Crypto.com announced that it has received its Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS). This announcement follows Crypto.com “receiving its in-principle approval from MAS in June 2022.” With this license, Crypto.com can “continue to… Read More

Read more in: Global, Asia, Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged crypto trading, crypto-assets, crypto.com, digital assets, digital currencies, digital payment token services, major payment institution licence, mas, monetary authority of singapore, operational license, singapore, southeast asia, virtual currency