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Spirit Sonya
@spiritsonya
Gemini received preliminary approval for a license in Singapore 🔥 The crypto exchange Gemini has taken a significant step in Singapore, receiving preliminary approval for a Major Payment Institution (MPI) license. This will allow the company to provide digital payment services and cross-border transfers, expanding its operations in one of Asia’s key crypto hubs. Gemini emphasizes the importance of this region in its global strategy, and the team is already expanding in Singapore, preparing for the final licensing stage. 📈 Approval of such a license is more than a formality—it’s an opportunity for the company to handle larger transaction volumes, like Coinbase and Ripple, who received full MPI licenses earlier this month.
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