HashKey OTC received a Major Payment Institution (MPI) license from MAS.This license allows HashKey OTC to offer regulated digital payment token (DPT) services in Singapore.Before obtaining the MPI license, HashKey OTC operated under an exemption from holding a license under the Payment Services Act 2019 .With the new license, HashKey OTC can support spot trading, on/off ramp trades, and large notional trades with swift settlement options.This approval follows an in-principle approval received in February 2024, marking a significant regulatory milestone for HashKey OTC .Read More Stories
HashKey OTC received a Major Payment Institution (MPI) license from MAS.This license allows HashKey OTC to offer regulated digital payment token (DPT) services in Singapore.Before obtaining the MPI license, HashKey OTC operated under an exemption from holding a license under the Payment Services Act 2019 .With the new license, HashKey OTC can support spot trading, on/off ramp trades, and large notional trades with swift settlement options.This approval follows an in-principle approval received in February 2024, marking a significant regulatory milestone for HashKey OTC .Read More Stories