"We are incredibly proud to receive the IPA from MAS, a globally renowned financial regulator. This approval reflects our unwavering commitment to building trusted digital asset businesses in Singapore. Through engaging collaboration with the regulator, businesses and communities, we will contribute to further establish Singapore as the leading hub for the next generation of financial businesses," Azman Hamid, Chief Compliance Officer of Upbit Singapore, said.
Upbit Receives Preliminary 'In-Principal' Approval in Singapore - CoinDesk
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