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HashKey Technology Services, the over-the-counter (OTC) trading division of the HashKey Group , has secured in-principle approval from the Monetary Authority of Singapore (MAS) for its application for a Major PaymentInstitution license. This license will enable HashKey OTC to provide digital payment token services.
A snapshot of Singapore’s crypto landscape According to the latest report by Triple-A, a licensed cryptocurrency paymentinstitution, Singapore boasts one of the highest cryptocurrency ownership rates globally. This places the island nation significantly above the worldwide average of 6.8
Hex Trust Group, a digital asset custodian, has received a Major PaymentInstitution (MPI) license from the Monetary Authority of Singapore (MAS) This license allows Hex Trust to provide regulated cross-border money transfer and Digital Payment Token (DPT) services.
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