Ripple Scores Major Win As MAS Supercharges Its Singapore License
Ripple has secured a significant regulatory boost in Asia Pacific, after the Monetary Authority of Singapore (MAS) approved an expanded scope of payment activities for the Major Payment Institution (MPI) license held by its local subsidiary, Ripple Markets APAC Pte. Ltd. Announced on December 1, the decision allows the company to broaden the range of […]
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Bitcoin (BTC) faced renewed selling pressure on Monday, dropping to around $86,000 after a series of liquidation events erased hundreds of millions of dollars in leveraged positions. Related Reading: Ripple Scores Major Win As MAS Supercharges Its Singapore License The decline deepened over the weekend, pushing BTC briefly under $85,500 amid broader risk-off sentiment and […]
Amid global expansion moves, Coinbase announced on October 1 that it secured a new Major Payment Institution (MPI) license in Singapore. This license will enable it to expand its digital asset payment services to Singapore’s retail and institutional customers. The MPI license comes one year after Coinbase obtained an in-principle approval from Singapore’s Monetary Authority […]
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Crypto trading platform Crypto.com has received a license approval from the Monetary Authority of Singapore. Crypto.com is a major exchange looking to expand its operations to the South-East Asia market and eventually globally. This In-Principle Digital Token Payment License that has been given to other companies has helped the the firms offer services in Singapore. […]