Crypto news: Cumberland announced that its Singapore subsidiary, Cumberland SG Pte. Ltd., has obtained an MPI license issued by the Monetary Authority of Singapore (MAS), and has been approved.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • 2
  • Share
Comment
Add a comment
Add a comment
LendingGuard
· 1h ago
This license has a lot of value—Singapore’s Monetary Authority’s approval process is no joke.
View OriginalReply0
MevWhale
· 3h ago
It looks like Cumberland is determined to grow big in Asia under compliance—choosing Singapore as a springboard was a good move.
View OriginalReply0
MLTradeAssistant
· 3h ago
They say the difficulty of applying for MPI is quite high. If they can get approval, it proves the team’s compliance capabilities are truly strong and worth paying attention to.
View OriginalReply0
MemeNomad
· 3h ago
Congratulations to Cumberland for securing its MPI license—Singapore’s compliance path has opened up another step.
View OriginalReply0
GasOptimizer
· 3h ago
Cumberland’s moves this round are pretty solid—far more reliable than those project teams that are just messing around.
View OriginalReply0
PriorityPool
· 4h ago
MPI license in hand—so it will be easier to provide institutional-grade services going forward. Looking forward to further business expansion.
View OriginalReply0
CrossChainPostman
· 4h ago
Singapore’s regulatory framework has long been fairly clear, and getting an MPI license means the regular forces have entered the field.
View OriginalReply0
  • Pinned