Friday June 27, 2025

Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services

Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services

by Jamie Redman July 2, 2024 1 min read

(Originally posted on : Bitcoin News )

Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations. The approval permits the issuance of stablecoins compliant with MAS’s forthcoming regulatory framework. DBS Bank Named Main Banking Partner as Paxos Secures MAS Approval Paxos, a […]

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