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Crypto Exchange Upbit Receives In-Principle License Approval from Singapore

South Korea's leading cryptocurrency exchange Upbit by volume has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The initial approval will enab...

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Crypto Exchange Upbit Receives In-Principle License Approval from Singapore
South Korea's leading cryptocurrency exchange Upbit by volume has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). 
The initial approval will enable Upbit Singapore to continue to provide digital payment token services to institutional investors while awaiting full license authorization....
Read More: Crypto Exchange Upbit Receives In-Principle License Approval from Singapore

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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