Thailand's SEC proposes revoking Zipmex's license due to compliance concerns, leading to operational suspension. Zipmex faces liquidation following the dismissal of debt moratorium extensions, underlining the need for regulatory adherence and financial stability.
JoyBitGo's Singapore arm secures in-principle approval from MAS for a major payment institution licence, paving the way for non-retail investor trading. The firm plans to expand its cryptocurrency services in Singapore, targeting institutional clients with its innovative cold storage custody solution.
JoyThe decade-old crypto custody business said it could offer digital payment token services in the city-state once it obtains the full Major Payment Institution license.
ZoeyMAS provided the exchange with initial in-principal approval in October 2023, and Upbit has been actively engaged in Singapore since 2018.
AlexHong Kong-based digital asset group HashKey's Singapore subsidiary, HashKey Capital Singapore, has secured a significant regulatory milestone, obtaining a full Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS). This licence empowers the firm to deliver regulated fund management services primarily concerning capital markets products within Singapore.
JoyProject Guardian aims to propel digital asset tokenisation pilots across a spectrum of financial sectors, including fixed income, foreign exchange, and asset management products.
CatherineSouth Korean crypto exchange Upbit granted initial licence approval from the MAS for a major payment institution licence under the Payment Services Act.
CatherineDouble blessings! SEC’s motion to file an interlocutory appeal against Ripple has been denied and the latter has achieved a significant milestone by obtaining a major payments institution license from the MAS.
KikyoThis licence permits Coinbase to offer regulated digital payment token (DPT) products and services, expanding its offerings to both individuals and institutions.
DavinThe exchange has been active in Singapore, allowing Singaporeans to transfer funds via localised payment options and to verify their identity through SingPass
Clement