{
Cumberland SG PTE. Ltd.

Companies

}
001122334455554433221100
001122334455554433221100

Cumberland secures approval for major payment license in Singapore

Cumberland SG has received in-principle approval for the Major Payment Institution License from the Monetary Authority of Singapore, marking a significant step in expanding its operations in Asia. While this approval is not a full license, it paves the way for potential future licensing, contingent on meeting specific conditions. This development follows the recent dismissal of an unregistered securities case against the firm by the SEC. In related news, Best Wallet is gaining traction in the Web3 wallet space, boasting over 500,000 downloads and a successful presale for its native token, BEST, which is attracting investor interest as it aims to become a leader in self-custodial wallets.
99Bitcoins
Cumberland SG PTE. Ltd. SGP USA
Finance & Economy, Blog Post
18:09 18.03.2025
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