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Blockchain.com Receives a Regulated Payment Licence in Singapore!

August 8, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Creator: Mustafa Mulla Aug 8, 2023 11:13

Mustafa has been writing about Blockchain and crypto since a few years. He has earlier buying and selling expertise and has been working within the Fintech business since 2017.

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Blockchain.com has been granted a Main Fee Establishment (MPI) license by the Financial Authority of Singapore (MAS), permitting the London-based crypto platform to supply regulated digital fee token companies to its institutional and accredited investor prospects. Singapore serves as Blockchain.com’s Southeast Asia HQ, and the area is a vital and worthwhile buying and selling hub for the agency. MAS has additionally granted Ripple an In-Precept Approval (IPA) for an MPI, greenlit Crypto.com’s software for an MPI, and dedicated S$150 million to assist the expansion of fintech options, together with Web3, over the following three years.

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Tags: Blockchain.comlicencePaymentReceivesRegulatedSingapore
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