Crypto.com, Two Other Firms Win Coveted Singapore Token Permits
(Bloomberg) — Singapore will issue in-principle approvals to three more firms to provide digital payment token services in the city-state even as it maintains a stringent licensing regime for cryptocurrencies.
Crypto.com was among the companies that got the nod from the Monetary Authority of Singapore, according to a statement from the firm on Wednesday. The other two firms are Genesis and Sparrow Tech, according to a person with knowledge of the matter, confirming a Straits Times report earlier.
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