Coinhako, an Asia-Pacific-based crypto change firm, right this moment introduced that it has been granted the Financial Authority of Singapore’s (MAS) official approval for a Main Fee Establishment (MPI) license.
Securing this MPI license implies that Conhako will have the ability to legally function as regulated suppliers of Digital Fee Token (DPT) Providers below the Fee Providers Act (PSA).
Based eight years in the past as a crypto platform working from Singapore, acquiring the license has all the time been a prime precedence for Coinhako. Crew members throughout varied departments, notably compliance labored extensively in the direction of serving to Coinhako obtain this aim.
“Having acquired the MPI license to offer DPT Providers, Coinhako is uniquely positioned to current a tier-one regulated, safe, and technologically superior crypto-solution platform to the regional markets.”
– Gerry Eng, Co-Founder & CTO, Coinhako
