The two other companies are Genesis and Sparrow Tech, The Straits TimesWednesday, citing a speech by Deputy Prime Minister Heng Swee Keat at the Point Zero Forum in Zurich.
MAS"sets a high regulatory bar" and the approval"reflects the trusted and secure platform we have worked diligently to build,”MAS declined to comment on the story. Genesis and Sparrow Tech did not respond to CoinDesk's inquiries at the time of publication. Including these three, MAS has granted 14 in-principle licenses to companies looking to provide crypto services to Singapore-based customers. The first full license wasThe regulator has received 196 applications in total, 74 of which has been withdrawn and three rejected, according to the newspaper.
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