The Luxembourg-based cryptocurrency exchange Blockchain.com has reportedly obtained preliminary approval from the Monetary Authority of Singapore (MAS) to provide Digital Payment Token services in the country. This decision comes two days after the central bank’s in-principle approval of crypto exchange Coinbase to provide crypto services in Singapore. Peter Smith, CEO and co-founder of Blockchain.com, commends that the MAS provides a transparent regulatory process for the crypto industry in the country.
https://cointelegraph.com
