Cumberland has received in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS).

Blockbeats

03-18

马斯科0.00%盘后

BlockBeats News, March 18th, Cumberland, the U.S.-based cryptocurrency exchange company's Asian subsidiary Cumberland SG announced on Monday that it has received in-principle approval for a Major Payment Institution License from the Monetary Authority of Singapore (MAS).

Cumberland stated that once the MPI license is fully granted, it will be able to offer regulated digital payment token services in Singapore.

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