BitGo obtains a Master Payment Institution License from the Monetary Authority of Singapore / Focus on financial services in Asia

SDChain
1 min readAug 8, 2024

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BitGo, a cryptocurrency custodian company, has announced that it has received a major payment institution license from the Monetary Authority of Singapore (MAS). The license enables BitGo to provide regulated digital payment token services, including custody and trading services, in Singapore. (PANews report)

加密货币托管公司BitGo宣布已获得新加坡金融管理局(MAS)颁发的主要支付机构许可证。该许可证使BitGo能够在新加坡提供受监管的数字支付代币服务,包括托管和交易服务。(PANews报导)

Singapore and Hong Kong are competing for the Web3 capital of Asia, Hong Kong always has the taste of thunder and rain, and the current Singapore is moving forward steadily (Web gen 2 to 3). The change of generations, the Chinese region is more familiar with Shanghai, Hong Kong, Singapore financial centers, and even far away can also take Dubai and Shenzhen into consideration, digital payment and cross-border payment using blockchain technology and cryptocurrency to achieve efficiency and reduce costs, is a significant help, especially after CBDC joins the battle, it is possible that the global popularization is not far away, the SDChain view for reference. (SDChain report)

新加坡和香港在争亚洲Web3之都,香港总有着雷声大雨点小的味道,目前新加坡是在稳定向前行(2 → 3)。世代的交替,华人地区较熟悉的上海、香港、新加坡等金融中心,甚至远点也可把迪拜和深圳纳入考虑,数字支付和跨境支付运用区块链技术和加密货币来达成提高效率和降低成本,是有显著的帮助,尤其是CBDC加入战局之后,有可能全球范围普及化也在不远之处,六域的看点供参考。(SDChain报导)

SixDomainChain (SDChain) is the world’s first decentralized public blockchain ecosystem that integrates international standards of IoT Six-Domain Model and reference architecture standards for distributed blockchain.

SDChain六域链位于台湾,SDChain IoT Inc. (SDI)是国际六域链联盟的技术商转主体企业。以企业客户为中心,SDI实现区块链产品开发及全球代理商通路建置。

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