HomeCryptocurrencyCrypto change Coinhako secures license for token companies in Singapore

Crypto change Coinhako secures license for token companies in Singapore


Coinhako, an Asia-Pacific-based crypto change firm, at this time introduced that it has been granted the Financial Authority of Singapore’s (MAS) official approval for a Main Cost Establishment (MPI) license.

Securing this MPI license implies that Conhako will be capable of legally function as regulated suppliers of Digital Cost Token (DPT) Providers underneath the Cost Providers Act (PSA).

Based eight years in the past as a crypto platform working from Singapore, acquiring the license has at all times been a high precedence for Coinhako. Crew members throughout numerous departments, significantly compliance labored extensively in the direction of serving to Coinhako obtain this objective.

“Having obtained 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

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