In Singapore

RevoluGROUP Canada Inc. RevoluPAY And AEXON PTE LTD SINGAPORE Sign DA

Retrieved on: 
Friday, June 25, 2021
Countries, World, In Singapore, Payment Services Act, Monetary Authority of Singapore, Singapore

signed a Definitive Agreement ("DA") on the 24th of June 2021 with AEXON SINGAPORE .

Key Points: 
  • signed a Definitive Agreement ("DA") on the 24th of June 2021 with AEXON SINGAPORE .
  • The DA sees RevoluPAY provide banking services in the European Union to the Monetary Authority of Singapore licensed AEXON PTE LTD to assist with their rapid expansion into Europe.
  • As with all such licensing, the RevoluPAY PSD2 banking license and superior KYC and AML protections sustain all financial cashflows.
  • Aexon Group was founded in 2017, having been granted a financial license under the Singapore Payment Services Act 2019 by the Monetary Authority of Singapore (MAS).

Singapore Grants Crypto License Exemption to Apifiny

Retrieved on: 
Tuesday, April 14, 2020
Professional services, Other Professional Services, Technology, Other Technology, Finance, Internet, Banking, Countries, Administrative territorial entities, World, In Singapore, Payment Services Act, Singapore

Apifiny , a digital asset marketplace that facilitates institutional access to regulated, global financial markets, announced it has been granted an exemption by the Monetary Authority of Singapore (MAS) from holding a license under that countrys Payment Services Act (PSA).

Key Points: 
  • Apifiny , a digital asset marketplace that facilitates institutional access to regulated, global financial markets, announced it has been granted an exemption by the Monetary Authority of Singapore (MAS) from holding a license under that countrys Payment Services Act (PSA).
  • With this exemption, Apifiny can provide digital payment token services to businesses and residents of Singapore through services such as GlobalX, an Execution Services platform that will provide professional traders with access to global digital asset exchanges via a single account.
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    In being granted this exemption, Apifiny joins the local entities of many top crypto firms .
  • Singapore is a major hub of global finance, says Haohan Xu, CEO and Founder at Apifiny.