QCP Trading has received approval-in-principle for a major payment institution licence from the Monetary Authority of Singapore
According to official sources, QCP announced that its OTC spot trading department, QCP Trading, has received a provisional approval (IPA) for the Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The IPA is an important step towards obtaining a comprehensive license, allowing QCP Trading to prepare for regulated digital payment token spot trading services.
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