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Markets

Crypto exchange Coinbase obtains Monetary Authority Of Singapore licence

Published October 2, 2023 Updated October 2, 2023 11:29am
Photo: REUTERS
Photo: REUTERS
By

The Singapore arm of cryptocurrency exchange Coinbase said on Monday that it had obtained a Major Payment Institution (MPI) licence from the city-state’s central bank.

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The licence, granted by the Monetary Authority of Singapore (MAS), will allow the largest US crypto exchange to offer digital payment token services to individuals and institutions in Singapore.

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