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Singapore

GSR Markets gets Major Payment Institution license from the MAS

GSR Markets secures MAS license, paving the way for OTC services in Singapore. Singapore aims to be a crypto-friendly hub with regulatory compliance. MAS recently expanded its regulations to safeguard investors amidst market turbulence. GSR Markets, a prominent crypto market maker, has obtained a Major Payment Institution license from MAS in Singapore. The license enables […]

Bitstamp secures MAS approval for crypto services in Singapore

Bitstamp, a major European crypto exchange, secures in-principle approval from Singapore’s MAS. The Major Payment Institution (MPI) license allows Bitstamp to offer digital payment token services. Bitstamp focuses on serving financial institutions in Singapore, marking its strategic entry into the Asian market. European cryptocurrency exchange Bitstamp has reached a significant milestone in its global expansion […]

Sygnum Closes $40M Round As the Crypto Bank Nears ‘Unicorn’ Status

“The broader industry is emerging from the ‘crypto winter,’ and investors and market participants are increasingly seeking to partner with trusted and well-managed financial institutions,” Gerald Goh, the firm’s co-founder and CEO of its Singapore operations, said in a release. “For Sygnum, this fundraise will allow us to further build out our suite of fully […]