Upbit Attains Full Licensing for Crypto Exchange Operations in Singapore
South Korean cryptocurrency exchange Upbit has successfully secured a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The MPI license empowers Upbit to offer regulated digital payment token (DPT) services to its clients in the vibrant Southeast Asian city-state.
In October of the preceding year, Upbit obtained in-principle approval from MAS, allowing it to sustain operations while eagerly awaiting the issuance of the complete licensing.
Upbits Strategic Move
Upbit is positioning itself strategically in the digital finance realm by obtaining the...
source:
https://tokenpost.com/Upbit-Attains-Full-Licensing-for-Crypto-Exchange-Operations-in-Singapore-11044
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