Crypto.com, 2 others get in-principle nod for digital payment token licence in SG

Crypto.com, 2 others get in-principle nod for digital payment token licence in SG

Chris Ratcliffe/Bloomberg

The Monetary Authority of Singapore (MAS), on Wednesday, awarded three more in-principle approvals for its digital payment token (DPT) licence.

The awardees will be able to offer services such as cryptocurrency payments and operation of crypto exchanges following the approval.

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