Remove APACS Remove Payments Institute Remove Regulatory Compliance
article thumbnail

MAS Grants Gemini In-Principle Approval for Crypto Payment License

Fintech News

Crypto exchange Gemini has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This approval allows Gemini to provide cross-border money transfer and digital payment token services in Singapore.

APACS 110
article thumbnail

Crypto Exchange Bitstamp Secures In-Principle Approval from MAS

Fintech News

Cryptocurrency exchange Bitstamp announced it has obtained an in-principle approval from the Monetary Authority of Singapore (MAS) to operate under the Major Payment Institution license. This regulatory milestone allows Bitstamp to offer digital payment token services in compliance with the Payment Services Act in Singapore.

Security 104
article thumbnail

TerraPay Receives MPI License from the MAS

Fintech Finance

TerraPay , a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) —a significant milestone solidifying TerraPay’s position as a cross-border payments powerhouse.