Gemini has reportedly obtained in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license, allowing it to provide cross-border remittance and digital payment token services in Singapore.
5 answers
DigitalLordGuard
Fri Jan 03 2025
Gemini, a prominent crypto exchange, has achieved a significant milestone in its operational journey.
CryptoVanguard
Thu Jan 02 2025
The Monetary Authority of Singapore (MAS) has granted Gemini in-principle approval (IPA) for a Major Payment Institution (MPI) license.
MysticInfinity
Thu Jan 02 2025
This approval signifies a step forward for Gemini in the Singaporean market, enabling it to offer a broader range of financial services.
lucas_emma_entrepreneur
Thu Jan 02 2025
With the MPI license, Gemini will be authorized to facilitate cross-border money transfers within Singapore.
BitcoinWarrior
Thu Jan 02 2025
Additionally, Gemini will be able to provide digital payment token services, catering to the growing demand for cryptocurrency transactions in the region.