Licensed in Singapore announced that it has received formal approval from the Monetary Authority of Singapore to offer Digital Payment Token services. This license allows to develop and launch a digital payment system. has been given the go-ahead by Singapore’s Monetary Authority to operate a digital payment system. This license will allow to develop and launch its digital payment service.

CEO of, Kris Marszalek, said:

The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector. We are proud to receive the licence from a regulator that prioritizes consumer protection, safety, and security. We look forward to continuing to collaborate with MAS and leading at the forefront of crypto in our home market of Singapore.

General Manager, Singapore of, Chin Tah Ang, said:

Singapore continues to be a hub for blockchain and fintech innovation. The Major Payment Institution licence underscores our ongoing commitment to build with the Web3 community in Singapore.

Read more: TradingView combines data from Verse DEX | Brokers Times

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