The cryptocurrency sector consistently seeks regulatory clarity. In a significant development, QCP Trading, the over-the-counter (OTC) spot digital payment token (DPT) trading division of crypto firm QCP Capital, recently announced a pivotal achievement. It successfully obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This milestone not only bolsters QCP […]
The cryptocurrency world is abuzz with significant news from Singapore. Two major players, Bybit and Bitget, are reportedly planning their departure from the city-state. This development stems from a stringent stance taken by the Monetary Authority of Singapore (MAS) regarding offshore crypto services, marking a pivotal moment in Singapore crypto regulation. What Triggered the MAS […]
Are you involved with crypto firms operating in or from Singapore? If so, a significant change is coming that demands your attention. Starting June 30, Singapore is implementing stringent new regulations that will impact digital asset service providers globally. Understanding the New Singapore Crypto Rules Singapore’s Monetary Authority (MAS) is tightening its grip on the […]
Singapore has cemented its position as a major hub for cryptocurrency and blockchain innovation. However, with growth comes the need for clear rules. A significant development in Singapore crypto regulation has just been announced, sending a clear signal to firms operating in the space. What Did Singapore’s MAS Announce About Unlicensed Crypto Services? The Monetary […]
Exciting news ripples through the crypto sphere as Cumberland SG, a significant player in the digital asset market-making arena, announces a major regulatory milestone! Gaining regulatory ground is paramount for crypto firms aiming for legitimacy and broader market access. So, what’s the buzz about Cumberland SG’s latest achievement and why should you care? Let’s dive […]
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