Gemini Secures Major Payment Institution License in Singapore
Gemini has obtained a Major Payment Institution (MPI) license from the Monetary Authority of Singapore, authorizing its local entity to provide digital payment token services and cross-border money transfer services.
Unlike standard payment licenses, the MPI designation removes typical transaction-volume limits, giving Gemini broader operational scope in Singapore's regulated crypto market.
Singapore remains one of Asia's most active jurisdictions for crypto licensing, and the approval positions Gemini to expand its institutional and retail offerings in the region under formal regulatory oversight.
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