#Major Payment Institution

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#Major Payment Institution

2 articles with this tag
Gemini Wins Full Singapore MPI License for Crypto Payments and Transfers

Gemini Wins Full Singapore MPI License for Crypto Payments and Transfers

Daily Feed

Gemini has won a full Major Payment Institution license in Singapore, clearing a key regulatory hurdle that expands its ability to offer crypto payments and cross-border transfers in one of Asia’s strictest financial hubs. The approval is a real win — but not a blank check, and certainly not proof the business is massive.

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Singapore Revokes Bsquared Crypto License Over Compliance Failures and Misleading Disclosures

Singapore Revokes Bsquared Crypto License Over Compliance Failures and Misleading Disclosures

Daily Feed

Singapore’s Monetary Authority of Singapore (MAS) just drew a very clear line: crypto businesses are welcome, but sloppy compliance gets shown the door. Bsquared Technology Pte Ltd has lost its Major Payment Institution license after MAS found serious failings in its controls, disclosures, and operating structure. MAS revoked Bsquared’s Major Payment Institution license Inspectors found […]

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