Gemini Secures Major Payment Institution License in Singapore, Continues to Expand Local Crypto Operations

BlockBeats News, September 9th, cryptocurrency exchange Gemini announced that its Singapore entity, Gemini Digital Payments Singapore, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Gemini stated that Singapore remains a key operational hub for the company. With the license secured, the firm will continue to offer digital asset trading, custody, and over-the-counter (OTC) services to both local retail and institutional clients. Gemini co-founder Cameron Winklevoss noted that this licensing milestone underscores the company's long-term commitment to the Singapore market.