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Upbit's Singapore Entity Gets In-Principal Approval for MPI License

Upbit's Singapore Entity Gets In-Principal Approval for MPI License
Upbit, a South Korean cryptocurrency exchange, announced that its Singapore entity has received In-Principal Approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This development paves the way for Upbit to continue offering regulated digital payment token services under the Payments Services Act (PSA), 2019, while it awaits full approval.Upbit's In-Principal Approval: A Step Towards Regulated ServicesSingapore is known for its robust regulatory f... Read More
Posted: Oct 16 2023, 08:42
Author Name: financemagnates
Views: 112510

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