🎉Breaking News: GSR Markets Pte. Ltd, a subsidiary of crypto trading firm GSR, has received in-principal approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS)! 🇸🇬

🌏GSR plans to use its Singaporean subsidiary as a hub for expanding into the Asia-Pacific region. An MPI license allows institutions to provide crypto and fiat-related services to Singapore residents without transaction limits.🚀

🤔What do you think about Singapore's growing role in the crypto world? Share your thoughts in the comments!👇