Gemini has been granted a major payment institution license by the Monetary Authority of Singapore

Gemini has been granted a major payment institution license by the Monetary Authority of Singapore to provide digital payment tokens and cross-border transfer services, supporting spot trading, custody, and over-the-counter trading services for retail and institutional clients. Cameron Winklevoss stated that obtaining the license reflects the company's investment in the Singapore market. Tyler Winklevoss stated that Singapore will serve as the company's regional strategic hub. (Source: Bitcoin.com News)