Coinhako, an Asia-Pacific-based crypto exchange company, right now introduced that it has been granted the Financial Authority of Singapore’s (MAS) official approval for a Main Fee Establishment (MPI) license.
Securing this MPI license implies that Conhako will be capable to legally function as regulated suppliers of Digital Fee Token (DPT) Providers below the Fee Providers Act (PSA).
Based eight years in the past as a crypto platform working from Singapore, acquiring the license has at all times been a prime precedence for Coinhako. Crew members throughout numerous departments, notably compliance labored extensively in the direction of serving to Coinhako obtain this purpose.
“Having obtained the MPI license to offer DPT Providers, Coinhako is uniquely positioned to current a tier-one regulated, safe, and technologically superior crypto-solution platform to the regional markets.”
– Gerry Eng, Co-Founder & CTO, Coinhako
