The post BitGo Obtains In-Principle Approval for MPI License in Singapore! appeared first on Coinpedia Fintech News
BitGo has received in-principle approval from Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), for a Major Payment Institution (MPI) license. The license will allow BitGo to provide digital payment token services to clients in Singapore while awaiting a complete permit. MPI-licenced firms are exempt from transaction limits and can conduct payment services without …
