Paxos Obtains Singapore MPI License Collaborates with DBS Bank to Issue Stablecoin
CeFi 

Paxos Obtains Singapore MPI License Collaborates with DBS Bank to Issue Stablecoin

Stablecoin issuer Paxos announced that it has obtained full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services and has partnered with DBS Bank to meet its cash management and custody needs for stablecoin reserves.

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