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In a significant development for the Indian fintech landscape, major payment processing players, including Razorpay and Cashfree, have received the final nod from the Reserve Bank of India (RBI) to operate as Payment Aggregators (PAs).
XREX has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license.
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Coinbase Singapore has been granted a Major Payment Institution (MPI) licence by the Monetary Authority of Singapore (MAS). This follows its initial In Principle Approval and facilitates an extended offering of Digital Payment Token services in Singapore. Singapore's growing role in the crypto and Web3 economy is evidenced by its numerous Web3 companies and increasing public interest in cryptocurrencies. In response to the market's needs, Coinbase introduced features such as PayNow, FAST bank transfers, and an integration with SingPass for user onboarding. Additionally, they have pro...
Coinbase Singapore is pleased to announce that we have obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore.