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Here Are All The Licensed Crypto Services Providers in Singapore

Data from MAS’ Financial Institutions Directory show that, as of August 01, 2022, 231 Money-Changing, 13 Standard Payment Institution, and 175 Major Payment Institution licenses had been issued. Of these, only nine companies were permitted to provide DPT services. In addition, desk research suggest that at least four companies have so far received in-principle approval for either a Standard or Major Payment Institution license.

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Adyen Singapore now licensed under Payment Services Act as a Major Payments Institution

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Adyen Singapore now licensed under Payment Services Act as a Major Payments Institution
4 hours ago
Source: Adyen
Adyen, the global payments platform of choice for many of the world's leading companies, today announced that its Singapore entity, Adyen Singapore Pte Ltd, has received approval from the Monetary Authority of Singapore (MAS) to carry out merchant acquisition services under the Payment Services Act 2019 (PSA).
Effective from 1 May 2021, Adyen Singapore's license as a Major Payment Institution under the PSA has been expanded to include merchant acquisition and domestic money transfer services, on top of the previously licensed activity of cross-border money transfer service. Adyen Singapore is the first global payments provider to be licensed for the newly regulated activity of merchant acquisition service under the PSA.

Singapore , Mariette-swart , Warren-hayashi , Payment-services , Major-payment-institution , Adyen-singapore-pte-ltd , Monetary-authority-of-singapore , Monetary-authority , Payment-services-act , Adyen-singapore , Payment-systems , Remittance-businesses-act

Adyen Singapore now licensed by MAS under the Payment Services Act

Adyen Singapore now licensed by MAS under the Payment Services Act
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Singapore , Mariette-swart , Warren-hayashi , Payment-services , Major-payment-institution , Adyen-singapore-pte-ltd , Monetary-authority-of-singapore , Adyen-singapore , Payment-services-act , Monetary-authority , Payment-systems , Remittance-businesses-act