TechGemini reportedly secures full Major Payment Institution license in Singapore
CoinGape reports that approval from Singapore’s MAS allows Gemini’s Singapore entity to provide regulated digital payment token services, following in-principle approval in 2024.
TLDR
CoinGape reports that Gemini has secured a full Major Payment Institution license from Singapore’s MAS, building on its 2024 in-principle approval. The license permits Gemini’s Singapore entity to provide regulated digital payment token services. The outlet suggests Singapore could become an increasingly important base for Gemini’s broader financial services strategy as it expands into tokenized equities, stock trading and prediction markets.
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Gemini reportedly secures full Major Payment Institution license in Singapore
CoinGape reports that approval from Singapore’s MAS allows Gemini’s Singapore entity to provide regulated digital payment token services, following in-principle approval in 2024.
TLDR
CoinGape reports that Gemini has secured a full Major Payment Institution license from Singapore’s MAS, building on its 2024 in-principle approval. The license permits Gemini’s Singapore entity to provide regulated digital payment token services. The outlet suggests Singapore could become an increasingly important base for Gemini’s broader financial services strategy as it expands into tokenized equities, stock trading and prediction markets.