{"id":82763,"date":"2023-08-08T12:00:08","date_gmt":"2023-08-08T09:00:08","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=82763"},"modified":"2025-09-12T07:01:56","modified_gmt":"2025-09-12T04:01:56","slug":"blockchain-com-secures-licence-in-singapore","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/blockchain-com-secures-licence-in-singapore\/","title":{"rendered":"Blockchain.com Secures Licence in Singapore"},"content":{"rendered":"<p>The Monetary Authority of Singapore (MAS) <a href=\"https:\/\/www.prnewswire.com\/news-releases\/blockchaincom-receives-major-payment-institution-license-from-monetary-authority-of-singapore-301895088.html\">issued<\/a> a payments license to the bitcoin exchange Blockchain.com.<\/p>\n<p>The license allows \u201cto provide regulated digital asset trading services to global institutional clients and accredited investors,\u201d the company&#8217;s representatives said.<\/p>\n<p>Singapore is also Blockchain.com&#8217;s Southeast Asia headquarters.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe are very pleased to obtain this license, which will allow us to provide our products and services in the country. We thank MAS for its transparent regulatory process, in which priority is given to the supervision of the crypto industry, enabling innovation to thrive,\u201d said Peter Smith, chief executive and co-founder of the exchange.<\/p>\n<\/blockquote>\n<p>Earlier, Ripple <a href=\"https:\/\/forklog.com\/en\/news\/ripple-secures-in-principle-approval-from-singapore-regulator\">received in-principle approval from MAS<\/a>. In June, the same list <a href=\"https:\/\/forklog.com\/en\/news\/circle-obtains-major-payment-institution-licence-in-singapore\">joined<\/a> the co-emitter of the stablecoin <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC<\/a> \u2014 Circle.<\/p>\n<p>As reported in August, MAS <a href=\"https:\/\/forklog.com\/en\/news\/singapores-central-bank-to-allocate-over-110-million-to-support-fintech-solutions\">announced<\/a> the allocation of more than $110 million to support fintech innovations, including <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>. The agency will run open competitions and, on their results, provide grant funding.<\/p>\n<p>Earlier, the regulator <a href=\"https:\/\/forklog.com\/en\/news\/singapores-central-bank-reviews-tokenisation-and-defi-protocols\">released a report<\/a> on the outcomes of work in partnership with the Bank for International Settlements on Project Guardian. The initiative aims to study the alignment of tokenisation and DeFi with international standards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Monetary Authority of Singapore (MAS) issued a payments license to the bitcoin exchange Blockchain.com.<\/p>\n","protected":false},"author":1,"featured_media":82764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[996,946],"class_list":["post-82763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-com","tag-singapore"],"aioseo_notices":[],"amp_enabled":true,"views":"38","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82763","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=82763"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82763\/revisions"}],"predecessor-version":[{"id":82765,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82763\/revisions\/82765"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/82764"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=82763"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=82763"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=82763"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}