Gemini, a cryptocurrency trading platform, has obtained MPI approval from the Singapore central bank for principle disclosure

Odaily Planet Daily News: The Monetary Authority of Singapore (MAS) has approved Gemini in principle to obtain a Major Payment Institution (MPI) license, allowing the organization to provide digital payment tokens and cross-border remittance services. Gemini stated in an announcement that obtaining approval in principle is a milestone for the company, as Singapore has always been the "core" of its business in the Asia Pacific region. The trading platform stated that it will continue to work towards obtaining final approval for the MPI license. （cointelegraph）