Blockchain.com Secures Payment License from Singapore’s Central Bank

In a significant move that underscores Singapore’s commitment to fostering a robust cryptocurrency ecosystem, Blockchain.com, a leading crypto exchange, has secured a payments license from the Monetary Authority of Singapore (MAS). Blockchain.com announced on August 7th that it had been granted a significant payment institution (MPI) license by the Monetary Authority of Singapore (MAS). This license, officially awarded on August 1st, empowers the platform to offer digital payment token services, specifically catering to institutional and accredited investors. This achievement is particularly noteworthy as it follows the in-principle approval.

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