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HashKey OTC Secures Major Payment Institution License from Singapore’s MAS
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HashKey OTC, the over-the-counter trading division of HashKey Group, has received a Major Payment Institution (MPI) license from Singapore’s regulatory authority.
A Major Payment Institution (MPI) license allows for the unlimited provision of payment services. This includes services related to digital payment tokens and cross-border transfers, with no restrictions on transaction volumes.
This development comes after the OTC arm received in-principle approval from the MAS on Feb. 28, 2024.
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