Circle’s Singapore arm, Circle Web Singapore, has obtained a Main Fee Establishment (MPI) license from the Financial Authority of Singapore (MAS). Circle Singapore obtained in-principle MPI approval from MAS in November and opened its workplace within the city-state in Could.
MPI’s license permits Circle to supply digital fee token providers and native and worldwide cash switch providers, in response to the fintech agency, which isUSDC) and Euro Coin (EUROC) stablecoins.
Proceed studying Coin Telegraph.