Last Updated on January 9, 2024 by Bitfinsider
The Monetary Authority of Singapore granted the license less than three months after the business gained in-principle clearance from the regulator in October.
“Upbit Singapore is poised to be the nexus of institutional activities, capitalizing on Singapore’s robust regulatory framework and its reputation as a leading financial center in Asia,” the company’s founder and CEO Alex Kim said in a statement on Monday.
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