Cumberland's Singapore Subsidiary Obtains MAS MPI License for Digital Payment Token Services

According to ChainCatcher, Cumberland SG Pte. Ltd., the Singapore subsidiary of cryptocurrency trading and liquidity services provider Cumberland, obtained a Money-changing and Remittance Business (MPI) license from the Monetary Authority of Singapore (MAS) on July 14. The license authorizes the company to provide Digital Payment Token (DPT) services and cross-border remittance services.
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