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Circle gets approval to offer digital tokens in Singapore

Circle gets approval to offer digital tokens in Singapore
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Singapore-Based Digital Asset Platform MetaComp Appoints Financial Services Veteran John Kang as Chief Financial Officer

SINGAPORE, Feb. 27, 2023 /PRNewswire/ MetaCompPte. Ltd. (f.k.a. Cyberdyne Tech Services Pte. Ltd), a Major Payment Institution licensed and regulated by the Monetary Authority of Singapore ("MAS"), announced the appointment of financial services veteran John Kang as Chief Financial Officer (CFO). John will be responsible for leading the strategic planning, implementation, and managing of all the firm's financial activities alongside Executive Chairman and Co-Founder, Dr Bo Bai. John's responsibilities equally extend to MetaComp's parent company, MetaVerse Green Exchange (MVGX), the Singapore-based green fintech company that provides end-to-end Carbon-as-a-Service solutions, where he will also be taking on the role of CFO. Prior to joining MetaComp, John served as CFO of EMQ Inc, the leading global payments services firm focused on the digital economy, where he oversaw several functions, including accounting, finance, and treasury functions across multiple market

Monetary Authority of Singapore Grants licence to MetaComp Under Payment Services Act to Provide Digital Payment Token Services

MetaComp is now able to offer regulated digital payment token services to its customers in Singapore MetaComp's platform will provide the infrastructure for traditional and crypto-native companies to build their digital asset offerings Together with its parent company, MetaComp aims to drive token innovation within its ecosystem of products and services SINGAPORE, Dec. 1, 2022 /PRNewswire/ The Monetary Authority of Singapore ("MAS") has granted licence to MetaComp Pte. Ltd. (f.k.a. Cyberdyne Tech Services Pte. Ltd) to provide digital payment token services as a Major Payment Institution. Effective December 2022, MetaComp has been granted license under the Payment Services Act, enabling it to offer a holistic, end-to-end suite of digital asset services to corporates, as well as traditional and crypto-native institutional investors, and enabling it to safely bridge the gap between traditional finance and crypto assets for its customers. Dr. Bo Bai, Executive Chairman and C

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