Coinhako, an Asia-Pacific-based crypto alternate firm, as we speak 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 signifies that Conhako will have the ability 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 high precedence for Coinhako. Workforce members throughout numerous departments, significantly compliance labored extensively in direction of serving to Coinhako obtain this objective.
“Having obtained the MPI license to supply 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
