HashKey Group Gets the Green Light in Singapore

IconCryptoNewsTerminal Staff02 Aug, 2024

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HashKey Group Gets the Green Light in Singapore

HashKey Group, a leading digital asset powerhouse in Asia, has recently obtained a Major Payment Institution (MPI) license in Singapore for its over-the-counter (OTC) arm, HashKey OTC. This move allows HashKey OTC to expand its offerings and positions it as a prime provider of regulated OTC services. The license was officially granted by the Monetary Authority of Singapore (MAS), and HashKey Group had previously received in-principle approval back in February of this year. This latest development opens doors for HashKey OTC to offer a wider spectrum of services, solidifying its presence as a trusted player in the Singaporean digital asset ecosystem.