PANews reported on November 11 that, according to official information, the cryptocurrency investment firm QCP Capital announced that its over-the-counter spot trading division QCP Trading has received in-principle approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The IPA is an important step towards obtaining a full license, allowing QCP Trading to prepare for providing regulated digital payment token spot trading services.
QCP Trading receives approval-in-principle for Singapore’s major payment institution license
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