Cryptoknowmics
2022-11-02 07:45:06

Circle and Paxos Receive In-Principle Regulatory License in Singapore

.The Monetary Authority of Singapore (MAS) has granted stablecoin issuer Circle and the top-governed blockchain infrastructure framework, Paxos, an in-principle license that enables it to conduct payments business in Singapore. In-Principle Regulatory License to Circle Circle Internet Financial is a global provider of digital financial technologies and the creator of the USD Coin (USDC) and Euro Coin (EUROC) coins. The in-principle license allows Circle to offer domestic and foreign transactions and digital payment token goods in the country, launching a new generation of financial services and commercial applications. 1/ Announcement alert at #Sgfintechfest. We are honored and excited to share The post Circle and Paxos Receive In-Principle Regulatory License in Singapore appeared first on Cryptoknowmics-Crypto News and Media Platform.

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