Crypto.com Gets License Approval From Singapore Regulator To Offer Payment Services

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 license is called the Major Payment Institution License which is construed as a key financial license that falls under Payment Services Act that will help receivers to operate the Digital Payment Token services.

[Via]

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