Servizi
QCP Trading Receives In-Principle Approval for Major Payment Institution License in Singapore
The IPA reinforces QCP Trading's dedication to Singapore's high regulatory standards, marking a key step towards the eventual goal of providing compliant, innovative, and efficient solutions for clients. QCP Trading aims to provide spot trading for a wide range of stablecoins and major digital tokens supported by its comprehensive on/off ramping services in multiple currencies. Leveraging 24/7 support, seamless API integration, dedicated voice trading capabilities and same-day settlement through its local banking partners, QCP Trading aspires to build a leading spot franchise and position itself as one of the most price-competitive players in the digital asset space.
"As we pursue the full MPI license, we remain focused on supporting Singapore's growing reputation as a leader in digital asset regulation," said . "We take pride in our ability to remain agile and responsive to both global and local market conditions, which is the key to success in this rapidly evolving sector. This latest milestone for QCP Trading reinforces our belief in the importance of a strong regulatory foundation for sustainable growth and positioning ourselves to be a trusted partner of choice in the digital asset space."
"QCP Trading aims to champion robust governance frameworks and our early recognition of the critical role of regulation has proven to be a strategic foresight," added. "We reaffirm our dedication to fostering strong partnerships in Singapore and look forward to working closely with the MAS to achieve the MPI license."
With Singapore at the core of its strategy, QCP Trading aims to grow the local team, prioritizing the recruitment of exceptional talent to facilitate its ongoing growth and ensure adherence to local regulations. QCP Trading is dedicated to delivering institutional-grade solutions in digital assets spot trading, positioning itself as a trusted partner in Asia and beyond.
QCP Trading is the dedicated OTC spot trading arm of QCP Group, providing institutional clients with secure, compliant, and efficient spot trading solutions. QCP Trading offers a wide array of services such as on/off ramping, seamless API integration, and personalized voice trading channels, ensuring a smooth and tailored trading experience with quick settlement times.
QCP Trading has received the IPA from MAS for an MPI License to provide digital payment token services for OTC spot trading in Singapore .
More information can be found at www.qcpgroup.com .
Elisha Thiara - elisha.thiara@qcp.capital
View original content: https://www.prnewswire.co.uk/news-releases/qcp-trading-receives-in-principle-approval-for-major-payment-institution-license-in-singapore-302300858.html