{"id":20827,"date":"2023-08-07T23:46:56","date_gmt":"2023-08-07T23:46:56","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/blockchain-com-scores-payment-license-from-singapore-central-bank\/"},"modified":"2023-08-07T23:46:59","modified_gmt":"2023-08-07T23:46:59","slug":"blockchain-com-scores-payment-license-from-singapore-central-bank","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/blockchain-com-scores-payment-license-from-singapore-central-bank\/","title":{"rendered":"Blockchain.com scores payment license from Singapore central bank"},"content":{"rendered":"

<\/p>\n

\n

Crypto exchange Blockchain.com has been granted a payments license from Singapore’s central bank \u2014 the Monetary Authority of Singapore (MAS).<\/p>\n

Blockchain.com announced\u00a0on Aug. 7 it received its major payment institution (MPI) from MAS on Aug. 1 allowing it to provide what the regulator calls digital payment token services to institutional and accredited investors.<\/p>\n

The exchange’s full license comes after it received in-principal approval from the bank in September last year. <\/p>\n

Related: Singapore High Court rules crypto personal property, compares it to fiat money<\/em><\/strong><\/p>\n

With its license approved, Blockchain.com is the twelfth digital payment token service provider in the country and joins other providers including Circle, Independent Reserve, Paxos, Revolut and DBS Vickers. <\/p>\n

Deposit risk: What do crypto exchanges really do with your money?<\/em><\/strong><\/p>\n

This is a developing story, and further information will be added as it becomes available.\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto exchange Blockchain.com has been granted a payments license from Singapore’s central bank \u2014 the Monetary Authority of Singapore (MAS). Blockchain.com announced\u00a0on Aug. 7 it received its major payment institution (MPI) from MAS on Aug. 1 allowing it to provide what the regulator calls digital payment token services to institutional and accredited investors. The exchange’s […]<\/p>\n","protected":false},"author":1,"featured_media":20828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[42],"tags":[],"class_list":["post-20827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto"],"yoast_head":"\nBlockchain.com scores payment license from Singapore central bank | NFT & Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/crypto\/blockchain-com-scores-payment-license-from-singapore-central-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blockchain.com scores payment license from Singapore central bank | NFT & Crypto News\" \/>\n<meta property=\"og:description\" content=\"Crypto exchange Blockchain.com has been granted a payments license from Singapore’s central bank \u2014 the Monetary Authority of Singapore (MAS). Blockchain.com announced\u00a0on Aug. 7 it received its major payment institution (MPI) from MAS on Aug. 1 allowing it to provide what the regulator calls digital payment token services to institutional and accredited investors. 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