GSR Markets, a subsidiary of cryptocurrency market maker GSR, has obtained in-principal approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).
Authorities in Singapore have so far granted the MPI licenses to 14 Digital Payment Token companies including Coinbase, which received a full MPI license on the same day as GSR, Blockchain.com, Circle, Paxos, Ripple, among others.... Read More: Crypto Trading Platform GSR Receives In-Principal MPI License in Singapore