MetaComp becomes the latest crypto exchange to receive Singapore license & More Trending News

Singapore-based crypto exchange MetaComp has been granted Singapore’s Major Payment Institution license, enabling it to provide digital asset exchange and custody providers to institutional traders from Thursday, Dec. 1.

See associated article: MAS says wants to do higher job explaining crypto coverage 

Fast info

• The exchange introduced on Thursday that it was awarded the Monetary Authority of Singapore’s (MAS) license, permitting the exchange to present cross-border transfers and digital cost token providers to accredited shoppers in Singapore.

• MAS, the nation’s central financial institution, has discouraged retail merchants from collaborating in cryptocurrency buying and selling, however nonetheless hopes to change into a “crypto hub” by way of tokenized property and programmable cash.

• MetaComp is a subsidiary of MetaVerse Green Exchange (MVGX), a digital property exchange providing tokenized carbon credit, which moreover holds the Recognized Market Operator and Capital Market Services licenses in Singapore.

• Singapore has been ramping up license grants in the latter half of this yr, awarding in-principle approvals to a rising listing of exchanges that features Coinbase and Blockchain.com.

See associated article: Chainlink, inexperienced asset exchange MVGX to discover crypto carbon buying and selling

I’ve made it my mission to hold you up-to-date on all the latest happenings in the world as of proper now, in the yr 2022, by way of this web site, and I’m sure that you’re going to discover this to be an fulfilling expertise. Regardless of what the most up-to-date information could have to say, it stays a subject of intense curiosity.

It has at all times been our objective to talk with you and offer you up-to-date information and details about the information without cost. information about electrical energy, levels, donations, Bitcoin buying and selling, actual property, video video games, shopper developments, digital advertising, telecommunications, banking, journey, well being, cryptocurrency, and claims are all included right here. You hold seeing our messages as a result of we labored arduous to achieve this. Due to the broad number of content material sorts, please don’t hesitate to

I’m sure you will discover the information I’ve ready and despatched out to be fascinating and helpful; going ahead, we wish to embrace recent options tailor-made to your pursuits each week.

The information tales I’ve shared with you might be both utterly unique or can be utterly unique to you and your viewers. Moreover, I’ve made all of this information accessible to each one among you, together with Trending News, Breaking News, Health News, Science News, Sports News, Entertainment News, Technology News, Business News, and World News, so that you could be at all times be in the know, at all times be one step forward of the scenario, and at all times get immediately’s information. The path that’s two steps forward of the present one ought to at all times be taken.