The Monetary Authority of Singapore (MAS) has given the local branch of Hashkey Group an in-principle license, as per an announcement by the Hong Kong virtual asset management. The organization will be able to provide investment management services in Singapore after the license issuance. HashKey Capital Singapore, a subsidiary of HashKey Capital, brings digital assets closer to mainstream institutional acceptance. MAS Enhances Industry Regulation by In-Principle License The Monetary Authority of Singapore (MAS) pledged to enhance regulation of the industry after the collapse of the cryptocurrency market and the departure of some significant local businesses earlier this year. Since then, The post MAS Granted In-Principle Approval to HashKey Capital Singapore appeared first on Cryptoknowmics-Crypto News and Media Platform.
