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Cumberland secures Singapore MPI licence for crypto payment services
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First seen14 Jul, 07:40Cumberland secures Singapore MPI licence for crypto payment services
Cumberland has secured a Major Payment Institution licence from Singapore’s central bank, allowing its local unit to offer regulated digital payment token and cross-border money transfer services. According to an announcement by cryptocurrency trading and liquidity provider Cumberland on X,…
Crypto.news•Rony Roy
Latest14 Jul, 12:23Cumberland Secures Singapore MAS MPI Licence for Regulated Crypto Payment Services
Cumberland has enhanced its regulatory coverage by obtaining a Major Payment Institution license issued by the Monetary Authority of Singapore. The license permits Cumberland SG Pte. Ltd. to offer Digital Payment Token Services and Cross-Border Money Transfer Services under the Payment Services Act of Singapore. The license concludes the regulatory
TheNewsCrypto•Lakshya Baskar