Blockchain.com can now offer Digital Payment Token services in Singapore after receiving preliminary approval from the city-state's central bank
Today, Blockchain.com, the world’s largest digital asset trading platform, announced it had received approval from Singapore's central bank to offer payment services in the city-state. The announcement comes a day after Coinbase said it had received the same approval.
The announcement brings the number of crypto companies operating in Singapore to 18 out of roughly 180 firms who have applied for a crypto payments license as of January this year.