CoinVoice has recently learned that on October 3, according to Cointelegraph, Sygnum Singapore, a subsidiary of Swiss cryptocurrency bank Sygnum, has obtained the Main Payment Institution License (MPIL) issued by the Monetary Authority of Singapore (MAS), which allows it to provide cryptocurrency brokerage services to qualified investors and institutions in Singapore.

A Sygnum Singapore spokesperson told Cointelegraph that the company’s license was converted from an approval-in-principle to a full license in four months. [Original link]