Overview

Click to expand overview
Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors and Sygnum Singapore’s acquisition of a Major Payment Institution Licence from the Monetary Authority of Singapore comes amidst a wave of similar regulatory approvals by Sygnum's Singapore arm has been granted a full license by the Monetary Authority of Singapore (MAS) to offer digital payment token (DPT) brokerage services. This step allows Sygnum to In a significant development for the Singaporean digital asset market, Sygnum Singapore has secured a Major Payment Institution License from the Monetary Authority of The Monetary Authority of Singapore (MAS) has granted an MPI license to Sygnum’s subsidiary, marking a significant milestone. Within just four months, Sygnum Singapore has progressed Sygnum Singapore, a platform that features trade execution for a range of cryptocurrencies with deep liquidity and fast trade settlements, has received approval for its

Crypto Market Booms in Singapore: Sygnum Secures MPI License After Coinbase Exit

The Singaporean cryptocurrency landscape is experiencing a significant shift. Following Coinbase Singapore\'s strategic adjustments, Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, received a license to offer crypto brokerage services to accredited investors. This approval marks a pivotal moment for digital asset accessibility in the region.

Sygnum Singapore Granted Full MPI License by MAS

Sygnum Singapore’s acquisition of a Major Payment Institution Licence from the Monetary Authority of Singapore comes amidst a wave of similar regulatory approvals. Specifically, Sygnum\'s Singapore arm has been granted a full license by the Monetary Authority of Singapore (MAS) to offer digital payment token (DPT) brokerage services. This step allows Sygnum to expand its services to a broader client base and contribute to the growth of the regulated crypto market.

MAS Grants MPI License to Sygnum Amidst Growing Digital Asset Adoption

In a significant development for the Singaporean digital asset market, Sygnum Singapore has secured a Major Payment Institution License from the Monetary Authority of Singapore. The Monetary Authority of Singapore (MAS) has granted an MPI license to Sygnum’s subsidiary, marking a significant milestone. Within just four months, Sygnum Singapore has progressed significantly, highlighting its commitment to regulatory compliance and responsible innovation.

Sygnum: A Leading Platform for Cryptocurrency Trading in Singapore

Sygnum Singapore, a platform that features trade execution for a range of cryptocurrencies with deep liquidity and fast trade settlements, has received approval for its enhanced capabilities, bolstering its position as a leading provider of digital asset services in Singapore. The MPI license signifies confidence in Sygnum\'s operational structure and commitment to stringent security measures.

With Coinbase making adjustments and Sygnum receiving regulatory approval, the future of crypto in Singapore looks increasingly robust, offering accredited investors greater access to digital assets within a secure and regulated environment.

Top Sources

Related Articles