Regulatory · Crypto / Digital Assets · 2022

Coinbase secures MAS in-principle approval as major payments institution

Coinbase issued In-principle approval, major payments institution licence affecting Monetary Authority of Singapore on October 11, 2022.

Primary
Coinbase
Counterparty
Monetary Authority of Singapore
Structure
In-principle approval, major payments institution licence
Date
October 11, 2022
Sub-sector
Crypto / Digital Assets

Regulatory approval enables Coinbase to offer regulated digital payment token products in Singapore, a key APAC hub.

Primary company
Coinbase
Amount
Not disclosed
Event date
October 11, 2022
HQ
Not disclosed
Structure
In-principle approval, major payments institution licence
Source published
October 11, 2022
Publisher
Marketing-Interactive

Source: marketing-interactive.com