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Circle and Paxos, the issuers of US dollar-pegged stablecoins, have received in-principle approval from Singapore regulators to operate fully regulated cryptocurrency

Paxos Digital Singapore Pte. Ltd, a subsidiary of the blockchain infrastructure firm Paxos, has been granted approval by the Monetary Authority of Singapore (MAS) to

SINGAPORE - Novem - Paxos, the leading regulated blockchain & tokenization infrastructure platform, secured in principle approval (IPA) from the

Stablecoin issuers Paxos, Circle get Singapore licenses

Circle and Paxos get Singapore payment institution license

Stablecoin issuers Circle and Paxos gain approvals in Singapore

Back In March

Paxos Receives In Principle Approval from MAS for New Entity that

Back in March, Paxos announced it received an in-principle license approval as a Major Payments Institution from the Monetary Authority of Singapore (MAS). And today it

Circle, Paxos receives approval to Operate in Singapore

Circle

Approval Has Been Granted in Singapore for Both Circle and Paxos

Circle’s application for a license to operate as a “Major Payments Institution” was approved in principle. As a result, Circle will now be able to issue cryptocurrency and

November started on a good note for stablecoin issuers Circle as well as Paxos as they were now allowed to veer into Singapore legally. Earlier today, Circle managed

Circle Received In

Circle received in-principle approval for a major payments institution license, allowing it to issue cryptocurrencies and facilitate domestic and cross-border payments, while

Paxos Receives Approval to Issue Stablecoins in Singapore