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Alpaca Securities Secures In-Principle MAS License Approval in Singapore
Alpaca Securities Pte. Ltd., the Southeast Asian division of the global investment platform Alpaca, has announced it received in-principle approval (IPA) for a Capital Markets Services (CMS) license from the Monetary Au…
Gemini Secures Major Payment Institution License from Singapore's MAS
The global digital asset exchange Gemini has officially announced that its local subsidiary, Gemini Digital Payments Singapore, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Sin…
Singapore’s MAS to Enforce Strict New Regulatory Framework for Stablecoins
The Monetary Authority of Singapore (MAS) has announced plans to amend the Payment Services Act 2019 to integrate a comprehensive regulatory framework for stablecoins. This legislative update aims to enhance financial s…
Cumberland DRW Secures Major Payment Institution License in Singapore
Cumberland, a prominent global provider of liquidity and institutional trading solutions for digital assets, has officially announced that its Singapore-based subsidiary, Cumberland SG Pte. Ltd., has been granted a Majo…
Robinhood Secures In-Principle Approval for Singapore Expansion
The financial services platform Robinhood Markets, Inc. has achieved a significant regulatory milestone in its international expansion strategy. The Monetary Authority of Singapore (MAS) has granted in-principle approva…