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OKX Singapore's New CEO Says Custodian Arrangements Were ‘Most Important, Most Difficult’ Part of MPI License
19.9.2024
Crypto custodianship has been in the spotlight since the collapse of FTX
OKX Receives Major Payment Institution License in Singapore
2.9.2024
Singapore has a reputation of being a world-leading crypto hub as it provides clear guidelines on how cryptocurrency firms should operate
US crypto firm BitGo wins payment license in Singapore
8.8.2024
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets
US crypto firm BitGo wins payment license in Singapore
8.8.2024
Before receiving the license, BitGo served users in Singapore and APAC, but the offering included only custody services from the US South Dakota Trust and hot wallets
Crypto Market Maker GSR Wins Singapore’s Stringent License
4.4.2024
Singapore regulators have granted a Major Payment Institution (MPI) license to crypto market maker GSR Markets, establishing the company as among the initial recipients of such authorization within its sector.
The post Crypto Market Maker GSR Wins Singapore’s Stringent License appeared first...
Bitcoin Price Prediction as Miners’ Sell-Off Intensifies – Is a Further Drop Inevitable?
16.1.2024
In recent developments, Bitcoin price prediction turned bearish as  the Bitcoin Miners’ Position Index (MPI) witnessed a remarkable surge, reaching 9.43 on January 12. This significant increase has sparked interest and concern among cryptocurrency investors and enthusiasts. The rising...
Upbit Secures Major Payment Institution License from Monetary Authority of Singapore
8.1.2024
Source: Upbit South Korea’s leading crypto exchange Upbit’s subsidiary Upbit Singapore announced that it has received a Major Payment Institution License from the Monetary Authority of Singapore. This accomplishment follows the previously announced in-principle approval (IPA) in October 2023, under...
Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore
17.11.2023
Source: AdobeStock / Richie Chan On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This...
Circle Introduces Zero-Fee USDC Minting with Circle Mint in Singapore
15.11.2023
Source: Circle Internet The issuer of the USDC stablecoin, Circle, has announced the launch of its zero-fee minting facility, Circle Mint, exclusively in Singapore. This strategic initiative comes on the heels of Circle securing the Major Payments Institution (MPI) license from the Monetary...
Crypto Platform Ripple Joins Growing List of MPI License Holders in Singapore
4.10.2023
The Singapore subsidiary of crypto payments giant Ripple has officially received its Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS).
The MPI license will allow Ripple Markets APAC Pte Ltd, the local arm, to provide digital payment token services in...
Coinbase Singapore secures MPI license from the Monetary Authority
3.10.2023
Coinbase Singapore is thrilled to announce that they have obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore. According to the company’s team members, this demonstrates their commitment to the Singaporean market and paves the way for expanding their...
Crypto Trading Platform GSR Receives In-Principal MPI License in Singapore
2.10.2023
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...
Blockchain․com Obtains Payment License in Singapore
9.8.2023
Crypto company Blockchain․com has been granted a payment license in Singapore that will enable it to provide regulated services for digital assets. The authorization in the city-state, which is a major trading hub for the platform, is part of its efforts to comply with local regulations in...
Blockchain.com scores payment license from Singapore central bank
8.8.2023
The crypto exchange is the 12th to receive a crypto-dealing license in the country allowing it to service accredited investors and institutions
Today in Crypto: US Court Orders SEC to Respond to Coinbase's Rulemaking Petition Within 7 Days, Circle Gets Its Singapore MPI Licence, Cathie Woods Uses Drop in Coinbase Stock Price to Stock Up
7.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: US Court Orders SEC to Respond to Coinbase's Rulemaking Petition Within 7 Days, Circle Gets Its Singapore...
Why Meta Penguin Island Should Be Your Favorite Place to Look for NFTs This Winter
9.2.2022
PRESS RELEASE. Not only are the financial markets experiencing a revolution due to blockchain technology and cryptocurrencies, but NFTs are changing the digital space for artists and consumers and investors. NFTs, already a multi-billion dollar sector, have witnessed an incredible rise of...