QCP Trading has received approval-in-principle for a major payment institution licence from the Monetary Authority of Singapore

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On November 11, QCP announced that its over-the-counter spot trading department, 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.

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