Day: 24 July 2024

Hex Trust Receives In-Principle Approval to Offer Digital Payment Token Services in Singapore

Hex Trust, a leading digital asset custodian, has obtained in-principle approval from Singapore's financial regulator for a major payment institution (MPI) licence. This development, announced on July 24, will enable Hex Trust to offer regulated "Digital Payment Token" services in Singapore, including custody and over-the-counter trading. According to the announcement, ...

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