Crypto trade Coinhako secures license for token companies in Singapore

Coinhako, an Asia-Pacific-based crypto trade firm, at the moment introduced that it has been granted the Financial Authority of Singapore’s (MAS) official approval for a Main Cost Establishment (MPI) license.

Securing this MPI license signifies that Conhako will be capable of legally function as regulated suppliers of Digital Cost Token (DPT) Companies underneath the Cost Companies 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. Crew members throughout varied departments, notably compliance labored extensively in direction of serving to Coinhako obtain this purpose.

“Having acquired the MPI license to supply DPT Companies, 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

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