Cryptocurrency Q&A Is Gemini approved by MAS?

Is Gemini approved by MAS?

ZenMindfulness ZenMindfulness Wed Jan 01 2025 | 5 answers 1450
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. Is Gemini approved by MAS?

5 answers

DigitalLordGuard DigitalLordGuard Fri Jan 03 2025
Gemini, a prominent crypto exchange, has achieved a significant milestone in its operational journey.

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CryptoVanguard 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.

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MysticInfinity 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.

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lucas_emma_entrepreneur lucas_emma_entrepreneur Thu Jan 02 2025
With the MPI license, Gemini will be authorized to facilitate cross-border money transfers within Singapore.

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BitcoinWarrior 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.

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