Blockchain.com, one of the earlier players and brands in the crypto exchange space, has secured a payments license from Singapore’s regulatory body, the Monetary Authority of Singapore (MAS).
This move follows an in-principle approval granted to the platform in the previous year. With this license, Blockchain.com now joins a group of other service providers in the nation, which includes Circle, DBS Vickers, and Revolut.
MAS’s decision to grant Blockchain.com its license signifies the evolving stance of regulatory bodies towards digital currencies and payment platforms. Licenses from entities like MAS are instrumental in validating a platform’s adherence to regional financial and operational norms. For an industry often scrutinized for its transparency and security measures, such endorsements can be critical.
For platforms like Blockchain.com, having an MAS license can offer a level of operational assurance to its user base. Regulatory frameworks ensure platforms maintain a balance betw
We współpracy z: https://cryptodaily.co.uk/2023/08/blockchain-com-obtains-payments-license-from-mas
