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Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

Each license allows the holder to conduct multiple specific payment services. Data from MAS’ Financial Institutions Directory show that as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institutions, and 175 Major Payment Institution licenses had been issued. It claims 50 million customers.

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OKX Launches Licensed Crypto Exchange in UAE Amid VARA’s Regulatory Crackdown

The Fintech Times

The company also received a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) and designated Malta as its Markets in Crypto-Assets (MiCA) hub, enabling it to offer products and services to over 450 million EU residents in the coming months.