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Singapore

Singapore to grant licences to digital payments services providers in ‘momentous’ move for cryptocurrencies

  • News that ‘several’ firms are in line to be licensed by the Monetary Authority of Singapore has been met with fanfare within the industry
  • Move cements city’s status as Asia’s leading crypto-financial hub, experts say, as rivals such as Hong Kong have adopted stricter stances

Topic |   Singapore
Image: Shutterstock Image: Shutterstock
Image: Shutterstock
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