{"id":21339,"date":"2023-06-01T12:19:41","date_gmt":"2023-06-01T12:19:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/crypto-com-completes-its-licensing-process-in-singapore\/"},"modified":"2023-06-01T12:19:41","modified_gmt":"2023-06-01T12:19:41","slug":"crypto-com-completes-its-licensing-process-in-singapore","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/crypto-com-completes-its-licensing-process-in-singapore\/","title":{"rendered":"Crypto.com completes its licensing process in Singapore"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<ul>\n<li>Crypto.com received an in-principle approval in Singapore last June.<\/li>\n<li>Coinbase and Blockchain.com are the other exchanges that have received in-principle approval in Singapore.<\/li>\n<li>Crypto.com has now been awarded Digital Token License in Singapore.<\/li>\n<\/ul>\n<p>A year after receiving in-principle approval in Singapore, Crypto.com has completed the licensing process.<\/p>\n<p>Crypto.com has today announced that it has received its Major Payment Institution (MPI) license for Digital Payment Token (DPT) services from the Monetary Authority of Singapore (MAS).<\/p>\n<p>Acknowledging this great milestone in Singapore, Crypto.com&rsquo;s CEO Kris Marszalek said:<\/p>\n<p><em>&ldquo;The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector.&rdquo;<\/em><\/p>\n<h2>Crypto regulation in Singapore<\/h2>\n<p>The Monetary Authority of Singapore (MAS) has been brutal and unrelentingly hard on unbecoming behaviour within the crypto industry and passed <a href=\"https:\/\/coinjournal.net\/news\/singapore-adopts-new-law-requiring-virtual-asset-service-providers-to-get-licenses\/\">stringent rules last year<\/a> setting a high bar for approving companies involved with cryptocurrencies.<\/p>\n<p>Since last year, several cryptocurrency exchanges including <a href=\"https:\/\/coinjournal.net\/news\/coinbase-gains-regulatory-approval-to-offer-crypto-services-in-singapore\/\">Coinbase<\/a> and <a href=\"https:\/\/coinjournal.net\/news\/blockchain-com-secures-singapore-license\/\">Blockchain.com<\/a> have received in-principle approval in Singapore. Today&rsquo;s announcement by Crypto.com makes the crypto exchange one of the very few exchanges to receive a license under the new regulations in Singapore.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/coinjournal.net\/news\/crypto-com-completes-its-licensing-process-in-singapore\/\">Crypto.com completes its licensing process in Singapore<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/crypto-com-completes-its-licensing-process-in-singapore\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Crypto.com received an in-principle approval in Singapore last June. Coinbase and Blockchain.com are the other exchanges that have received in-principle approval in Singapore. Crypto.com has now been awarded Digital Token License in Singapore. A year after receiving in-principle approval in Singapore, Crypto.com has [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":21340,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21339"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21339"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21340"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}