Gemini Receives Singapore MPI License

Gemini Digital Payments Singapore, Pte. Ltd. (GDPSPL) is pleased to announce that it has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

Gemini remains committed to operating in compliance with applicable laws and regulations and providing Singapore customers with a secure and frictionless platform to trade and store digital assets. Singapore remains an established hub for Gemini’s operations.

“Securing the MPI license from MAS validates our commitment and investment into Singapore,” said Gemini President and Co-Founder Cameron Winklevoss. “We’ve been in Singapore serving customers since 2020 and are excited for what’s ahead.”

“Singapore’s regulatory framework and status as a leading global financial center make it a natural strategic hub,” added Gemini CEO and Co-Founder Tyler Winklevoss. “With this license, we are well placed to continue serving both retail and institutional customers in Singapore.”

In Singapore, GDPSPL currently offers spot trading for digital assets in addition to custody and OTC services.

Gemini is grateful for the trust our Singapore community has placed in us over the last four years and looks forward to this next chapter serving customers.