MAS Major Payment Institution (Digital Payment Token) license
Overview
The Major Payment Institution (Digital Payment Token) licence, issued by the Monetary Authority of Singapore under the Payment Services Act, authorises firms to conduct digital payment token activities including exchange, transmission and safekeeping. This licence is more stringent than the Standard Payment Institution licence, imposing elevated compliance standards. Licence-holders are required to comply with anti-money laundering, counter-terrorism financing and other statutory regulatory requirements.
Within The Counterparty graph, MAS Major Payment Institution (Digital Payment Token) connects to 13 tracked entities, most strongly to MAS, Circle, Coinbase.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 13 total).
| Relation | Connected entity | Confidence |
|---|---|---|
governs | MAS | 95% |
regulated_by | Circle | 90% |
regulated_by | Coinbase | 90% |
regulated_by | Paxos | 90% |
regulated_by | Crypto.com | 90% |
regulated_by | Independent Reserve | 90% |
regulated_by | DBS Digital Exchange | 90% |
regulated_by | Anchorage Digital | 85% |
regulated_by | Sygnum | 85% |
regulated_by | HashKey Exchange | 85% |
Frequently asked questions
What is MAS Major Payment Institution (Digital Payment Token)?
MAS Major Payment Institution (Digital Payment Token) is a license tracked in The Counterparty knowledge graph. It is connected to 13 other tracked entities, most strongly to MAS, Circle, Coinbase.
What type of entity is MAS Major Payment Institution (Digital Payment Token)?
MAS Major Payment Institution (Digital Payment Token) is classified as a license (license) in The Counterparty knowledge graph.
What is MAS Major Payment Institution (Digital Payment Token) connected to?
In The Counterparty knowledge graph, MAS Major Payment Institution (Digital Payment Token) is linked to 13 other tracked entities, most strongly to MAS, Circle, Coinbase.