Crypto.com completes its licensing process in Singapore

2023-6-1 13:23

Crypto.com received an in-principle approval in Singapore last June. Coinbase and Blockchain.com are the other exchanges that have received in-principle approval in Singapore. Crypto.com has now been awarded Digital Token License in Singapore.

A year after receiving in-principle approval in Singapore, Crypto.com has completed the licensing process.

Crypto.com has today announced that it has received its Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS).

Acknowledging this great milestone in Singapore, Crypto.com’s CEO Kris Marszalek said:

“The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector.”

Crypto regulation in Singapore

The Monetary Authority of Singapore (MAS) has been brutal and unrelentingly hard on unbecoming behaviour within the crypto industry and passed stringent rules last year setting a high bar for approving companies involved with cryptocurrencies.

Since last year, several cryptocurrency exchanges including Coinbase and Blockchain.com have received in-principle approval in Singapore. Today’s announcement by Crypto.com makes the crypto exchange one of the very few exchanges to receive a license under the new regulations in Singapore.

The post Crypto.com completes its licensing process in Singapore appeared first on CoinJournal.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Singapore Dollar (SGD) на Currencies.ru

$ 75577.65 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $75271.58 - H: $78091.29
Капитализация $0 Rank 99999
Цена в час новости $ 36301.48 (108.19%)

singapore crypto approval in-principle received license exchanges

singapore crypto → Результатов: 126


1X Exchange Lists ETH Security Token, Aggregate Asset Management (AAM), in Singapore

1X crypto exchange is heading to Singapore, where it aims to conquer the market and offer digital asset investors an array of digital token-fiat trade pairs. With plans to concentrate on supporting digital security tokens of private firms, the platform will permit payments made using the local currency. Basically, the exchange is confident that this […]

2019-7-12 20:07


Arax Cryptocurrency Wallet and COSS.io Announce World’s First Token Merger, and Create a Crypto One Stop Solution

Bitcoin Press Release: Blockchain giants Arax Wallet and COSS are merging to create a ‘crypto one-stop solution’, with the token swap to take place on June 25th, 2019. 16 June 2019, SINGAPORE –  Arax, a fintech and blockchain startup in Singapore has merged with COSS, one of Singapore’s most established cryptocurrency exchanges.

2019-6-17 14:32


Фото:

Crypto Expo Asia -2019, Crypto-Event That Can’t Be Missed

When – October 26, 2019 Where – Marina Bay Sands Convention Centre https://singapore.cryptoexpo.asia/ 1 Open Workshop space, 1 Open seminar space, 1 large Crypto Hall and Traders Hall! 8 hours of seminars from top-experts at each of them!   Big financial and crypto companies which are ready to present their products, new technologies and the […] The post Crypto Expo Asia -2019, Crypto-Event That Can’t Be Missed appeared first on ZyCrypto.

2019-6-4 16:27