Matrixport subsidiary Fly Wing receives in-principle approval for Singapore’s large-scale payment institution license
Matrixport announced that its Singaporean subsidiary, Fly Wing, has received provisional approval for a Major Payment Institution License (MPI) from the Monetary Authority of Singapore (MAS) and can provide digital asset payment services in Singapore. Fly Wing was established in 2019 and is committed to providing compliant and reliable digital asset payment services to clients including cryptocurrency miners, trading companies from both the cryptocurrency and traditional finance sectors, investment companies, and high net worth individuals.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Valhalla mainnet launch postponed, Floki cites auditors’ feedback
Lutnick’s Cantor wants to use Tether to support a $2 billion Bitcoin lending program
XRP, SOL and DOGE pare gains as Bitcoin retraces below $93k
Telegram’s crypto holdings rose to $1.3B in H1 2024: Report