Regulations

Story: Gemini Secures Major Payment Institution License in Singapore, Boosting Crypto Services

By Dan Saada

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License Details and Regulatory Requirements. The Monetary Authority of Singapore (MAS) granted the Major Payment Institution (MPI) license to…

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Strategic Importance for Gemini. Gemini has been active in the Singapore market since 2020.

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Transition and Future Prospects. Gemini's recent full licensing follows the in-principle approval granted in October 2024.

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Gemini obtains a Major Payment Institution license from the Monetary Authority of Singapore, enhancing its crypto service offerings in the region.

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Gemini has been active in the Singapore market since 2020. Co-founders Cameron and Tyler Winklevoss emphasize Singapore's strategic significance for their operations.

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Gemini's recent full licensing follows the in-principle approval granted in October 2024. In April 2025, Gemini migrated its Singapore clients from Gemini Trust Company, which…

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