ChainCatcher news, according to Cointelegraph, Swiss cryptocurrency bank Sygnum's subsidiary Sygnum Singapore has obtained a Major Payment Institution License (MPIL) issued by the Monetary Authority of Singapore (MAS), allowing it to provide cryptocurrency brokerage services to qualified investors and institutions in Singapore.A spokesperson for Sygnum Singapore revealed in an interview with Cointelegraph that the company's license transitioned from in-principle approval to a full license within four months.