Kris Marszalek said that:
Singapore’s Monetary Authority is a recognized global regulator for ensuring responsible innovation of digital assets. We are honored to receive a license from a regulatory body that places utmost importance on consumer protection, security, and safety. We are looking forward to collaborating with MAS in the future and being at the forefront of cryptocurrency on our home market, Singapore.
Chin Tah Ang is the General manager of Crypto.com Singapore.
Singapore is a center for fintech and blockchain innovation. The Major Payment Institution license underscores our commitment to building with the Web3 Community in Singapore.
Today’s announcement is part of Crypto.com’s recent regulatory license momentum. Last year, the crypto exchange registered as Digital Asset Service Provider (DASP) with the Autorité des marchés financiers (AMF) in France and received registration approval as a cryptoasset business from the UK Financial Conduct Authority (FCA).
The article Crypto.com Secures Payment Institution License from MAS appeared initially on LeapRate.
