• Crypto.com obtains Major Payment Institution license for Digital Payment Token services in Singapore.
• CEO of Crypto.com appreciates MAS as a globally recognized regulator fostering responsible innovation.
• Crypto.com emphasizes commitment to collaboration with MAS and leading in Singapore’s fintech innovation.

Wall Street Journal reported after receiving initial approval in June of last year, that the cryptocurrency exchange Crypto.com has successfully completed its licensing process in Singapore.

On Thursday, June 1, Crypto.com announced that it had obtained its Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS).

Kris Marszalek, CEO of Crypto.com, expressed his appreciation for the Monetary Authority of Singapore’s global recognition as a regulator that fosters responsible innovation in the digital assets sector.

Marszalek also highlighted the pride in receiving the license from a regulator that prioritizes consumer protection, safety, and security. He further emphasized the company’s commitment to collaborating with MAS and playing a leading role in the cryptocurrency space wi…

The post Singapore’s MAS Grants Crypto.com Digital Payment Token License appeared first on Coin Edition.

• Crypto.com obtains Major Payment Institution license for Digital Payment Token services in Singapore.
• CEO of Crypto.com appreciates MAS as a globally recognized regulator fostering responsible innovation.
• Crypto.com emphasizes commitment to collaboration with MAS and leading in Singapore’s fintech innovation.

Wall Street Journal reported after receiving initial approval in June of last year, that the cryptocurrency exchange Crypto.com has successfully completed its licensing process in Singapore.

On Thursday, June 1, Crypto.com announced that it had obtained its Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS).

Kris Marszalek, CEO of Crypto.com, expressed his appreciation for the Monetary Authority of Singapore’s global recognition as a regulator that fosters responsible innovation in the digital assets sector.

Marszalek also highlighted the pride in receiving the license from a regulator that prioritizes consumer protection, safety, and security. He further emphasized the company’s commitment to collaborating with MAS and playing a leading role in the cryptocurrency space wi…

The post Singapore’s MAS Grants Crypto.com Digital Payment Token License appeared first on Coin Edition.