QCP Trading has received approval-in-principle from the Monetary Authority of Singapore for a major payment institution license
2024-11-11 04:54:00
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According to official news, QCP has announced that its over-the-counter spot trading arm, QCP Trading, has received approval in principle (IPA) for a Major Payments Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). The IPA is an important step towards obtaining a full license, allowing QCP Trading to prepare for the provision of regulated digital payment token spot trading services.
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