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Circle Singapore, an affiliate of the financial services company, Circle, has <a href="https://www.prnewswire.com/news-releases/circle-singapore-obtained-major-payment-institution-mpi-license-301844075.html" rel="noopener noreferrer nofollow">announced</a> the acquisition of a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS), facilitating the platform’s services in Singapore. According to the announcement, the license would permit Circle Singapore to provide digital payment token services, and money-transfer services in the island country.Jeremy Allaire, the co-founder and CEO of Circle, commented on the vast possibilities in Singapore for Circle’s global expansion and its “mission in raising global economic prosperity”. He also shared his honor in receiving the license, quoting: &#34;We are honored to receive the MPI license from MAS, and we remain committed to being a part of Singapore&#39;s dynamic economy by advancing the future of financial technology innovations in the city-state, uplifting its emerging technology and fintech sector, and creating business and career opportunities for its technology and financial industry talent.&#34; Read full article at <a href="https://cryptotale.org/circle-singapore-acquires-mpi-license-from-mas-a-new-turn/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Circle Singapore Acquires MPI License from MAS: A New Turn

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