Gemini Secures Full Crypto License in Singapore
Gemini has scored a major win by securing a full crypto payment license in Singapore.
coinbeat.newsCrypto exchange Gemini has officially locked in a major regulatory win in Asia. The company secured a full Major Payment Institution license from the Monetary Authority of Singapore. This fresh approval covers digital payment token services and cross border money transfers.
Unlike restricted approvals, this new license comes without the standard transaction volume limits. That means Gemini can scale up its operations and serve both retail and institutional clients in the region with much fewer restrictions.
Singapore continues to attract major digital asset firms with its clear regulatory framework. Traders will want to watch how this license helps Gemini grow its market share in Southeast Asia as local crypto adoption heats up.
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