Gemini Digital Payments Singapore Secures MAS Licence for Crypto

2 hours ago 3

Rommie Analytics

Key Takeaways:

  • Gemini has received a Major Payment Institution (MPI) license from Singapore’s Monetary Authority of Singapore (MAS).
  • Gemini Digital Payments Singapore has been licensed as a digital payment token provider and cross-border money transfer service provider.
  • The approval marks Gemini’s step from October 2024’s in-principle to full licensing for its Singapore crypto operations.