Singapore Grants In-Principle Licenses to Crypto.com, Two Others

6/22/2022 2:45:00 PM

The firms will be able to offer services to Singapore-based customers if granted full licenses.

.cryptocom among three companies that received in-principle approvals for digital token payment services licenses from Singapore's regulator. egreechee reports

The firms will be able to offer services to Singapore-based customers if granted full licenses.

The two other companies are Genesis and Sparrow Tech, The Straits TimesreportedWednesday, citing a speech by Deputy Prime Minister Heng Swee Keat at the Point Zero Forum in Zurich. (Genesis is a subsidiary of Digital Currency Group, which also owns CoinDesk.)

MAS"sets a high regulatory bar" and the approval"reflects the trusted and secure platform we have worked diligently to build,”Crypto.comCEO Kris Marszalek said in a statement confirming the license.MAS declined to comment on the story. Genesis and Sparrow Tech did not respond to CoinDesk's inquiries at the time of publication.

Read more: CoinDesk »

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and two other companies, paving the way for the three firms to offer services in the country..Deepak Gopalkrishna, OxfordVR CEO says its virtual reality treatment have already been trialled with the U.(CNN)Dartmouth College announced Tuesday it was eliminating student loans for undergraduates and replacing them with"expanded scholarship grants," the university said in a news release.

The two other companies are Genesis and Sparrow Tech, The Straits Times reported Wednesday, citing a speech by Deputy Prime Minister Heng Swee Keat at the Point Zero Forum in Zurich. (Genesis is a subsidiary of Digital Currency Group, which also owns CoinDesk.) MAS"sets a high regulatory bar" and the approval"reflects the trusted and secure platform we have worked diligently to build,” Crypto. OxfordVR A British startup that uses virtual reality to help deliver cognitive behavior therapy has been granted a Breakthrough Device designation by the Food and Drug Administration for its treatment for schizophrenia and other serious mental illnesses, a process that will help expedite its ultimate approval if clinical trials pan out.com CEO Kris Marszalek said in a statement confirming the license. MAS declined to comment on the story. Here's what it would mean to these Americans if Biden canceled student loan debtDartmouth's announcement comes amid the ongoing debate about student loan debt in the US, where 43 million people are waiting to find out if President Joe Biden will wipe away all or part of their federal student loan debt.

Genesis and Sparrow Tech did not respond to CoinDesk's inquiries at the time of publication. The FDA’s grant of breakthrough device status will fast-track the testing and approval of the startup’s VR treatment, for which has already run trials with U. 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 was granted to FOMO Pay in September 2021. The regulator has received 196 applications in total, 74 of which has been withdrawn and three rejected, according to the newspaper.K. Read more: . The initiative is"the culmination of a remarkable series of achievements that have transformed Dartmouth's financial aid resources and policies over the past year, propelled by more than $120 million in scholarship gifts and pledges to the endowment since September 1," the release said.