QCP Trading has received in-principle approval for a major payment institution license from the Monetary Authority of Singapore
ChainCatcher news, according to official sources, Singaporean crypto investment firm QCP Capital's over-the-counter spot trading division QCP Trading has announced that it has received in-principle approval (IPA) for a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS). This approval will allow QCP Trading to prepare for providing regulated digital payment token spot trading services.