Blockchain.com has secured an in-principle approval for the Main Fee Establishment License providing Digital Fee Token companies from the Financial Authority of Singapore (MAS). With this preliminary approval, Blockchain.com Singapore continues to service institutional and excessive web value traders, undertaking groups and operators within the crypto ecosystem.
Blockchain.com views Singapore as a sexy city-state to spend money on the expansion of its institutional prospects and its crew, as essentially the most superior economic system in Southeast Asia. At Blockchain.com, we’re advocates of considerate regulation and stay dedicated to acquiring registrations and licenses in all jurisdictions the place we do enterprise.
“Blockchain.com commends the Financial Authority of Singapore on its clear regulatory course of that prioritizes crypto trade oversight whereas permitting innovation to thrive,” mentioned Blockchain.com CEO and Co-Founder Peter Smith.
Alongside this approval, Blockchain.com will proceed to develop its Singapore workplace and broaden its institutional consumer roster.
