CoinGape
2022-11-02 05:37:07

Breaking: Circle Receives Major Crypto Payments Institution License In Singapore

USDC stablecoin issuer Circle Internet Financial receives in-principle approval as a Major Payments Institution License holder from the Monetary Authority of Singapore (MAS). The company will provide digital payment token products, cross-border and domestic transfer services in the city-state. Moreover, Circle looks to drive institutional crypto adoption of USDC in DeFi and Web3 in Singapore. The post Breaking: Circle Receives Major Crypto Payments Institution License In Singapore appeared first on CoinGape.

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