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Circle Singapore Gains MAS Approval for Digital Payments Service
Stablecoin issuer Circle has cemented its presence in Asia by obtaining a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The license was awarded to the local subsidiary Circle Internet Singapore Pte. Ltd. (Circle Singapore), which opened an office in the city-state last month. Singapore's Approval for Crypto Companies Announced today (Wednesday), the new license will allow the Singapore subsidiary of Circle to offer digital payment token services, along w...
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Posted: Jun 7 2023, 06:38
Author Name: financemagnates
Views: 081298