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Major Payment Institution license
Startups, Entrepreneurs, Digital economy
Aspire has secured in principle approval for the major payment institution licence
An MPI licence would enable Aspire to expand their services.
October 15, 2024
Fintech
Fave Singapore receives IPA from MAS for MPI licence
Since its launch in 2016, Fave has processed over US$1 billion ($1.35 billion) in transactions across Southeast Asia and India.
July 10, 2024
Cryptocurrency
Bitstamp receives in-principle approval from MAS, hopes to soon offer crypto services to individuals and institutions
This news comes on the back of the city-state proposing to tighten rules for retail crypto trading last November.
March 06, 2024
Cryptocurrency
MAS grants MPI licence to Upbit Singapore
Upbit Singapore is the latest regulated digital asset business in Upbit APAC’s portfolio.
January 08, 2024
Digital Economy
Moomoo Singapore receives in-principle approval for digital payment token services from MAS
Moomoo is the first digital brokerage to receive the MPI licence - digital payment token service from the MAS.
December 20, 2023
Cryptocurrency
Ripple secures major payment institution licence
It received its in-principle approval in June.
October 04, 2023
Cryptocurrency
MAS grants major payment institution licence to Sygnum Singapore
The licence allows Sygnum Singapore to activate the launch of its regulated Digital Payment Token brokerage service in the country
October 03, 2023
Cryptocurrency
Coinbase awarded full major payment institution licence from MAS
Coinbase follows crypto.com and Circle, who were awarded full licences this June.
October 02, 2023
Cryptocurrency
MAS grants IPA to crypto giant Ripple
Ripple had doubled its headcount in Singapore over the past year.
June 22, 2023
SGX Research Series: 10 in 10
MC Payment to further develop its value-added services, providing competitive advantage to merchants
MC Payment is the first and only digital payments company listed in Singapore.
May 21, 2021