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Coinhako, an Asia-Pacific-based crypto alternate firm, at present introduced that it has been granted the Financial Authority of Singapore’s (MAS) official approval for a Main Cost Establishment (MPI) license.
Securing this MPI license implies that Conhako will have the ability to legally function as regulated suppliers of Digital Cost Token (DPT) Providers beneath the Cost Providers Act (PSA).
Based eight years in the past as a crypto platform working from Singapore, acquiring the license has all the time been a prime precedence for Coinhako. Group members throughout varied departments, significantly compliance labored extensively in direction of serving to Coinhako obtain this objective.
“Having acquired the MPI license to supply DPT Providers, Coinhako is uniquely positioned to current a tier-one regulated, safe, and technologically superior crypto-solution platform to the regional markets.”
– Gerry Eng, Co-Founder & CTO, Coinhako
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