Bitstamp exchange receives in-principle license approval in Si | Trade Crypto Now

Bitstamp exchange receives in-principle license approval in Singapore

Crypto exchange Bitstamp announced Wednesday that it has received the in-principle approval for a license to operate as a Major Payment Institution from the Monetary Authority of Singapore (MAS). The in-principle approval, which precedes a full license to operate in Singapore, brings Bitstamp a step closer to offering digital payment token services in the city-state. The exchange said in its press release that it is the first crypto trading platform with a major presence in the EU to obtain such a license from the MAS.

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