Gemini wins full Singapore crypto payment license

Gemini has obtained a Major Payment Institution license from Singapore's financial regulator, clearing the way for its local operations to offer digital payment token services and cross-border money transfers. The license grants the exchange's Singapore entity authorization to operate these services without the volume restrictions that typically constrain standard payment providers in the jurisdiction.

This approval represents a regulatory milestone for Gemini in Southeast Asia's largest financial hub. The move expands the exchange's ability to serve regional customers and positions it alongside other crypto platforms navigating Singapore's increasingly structured licensing framework.

• Gemini's MPI license permits both digital asset payment services and cross-border money movement in Singapore without standard volume caps.
• The approval signals regulatory acceptance of Gemini's compliance infrastructure in a jurisdiction that has become a key gateway for Asia-Pacific crypto operations.
• The license strengthens Gemini's regional footprint as other exchanges pursue similar authorizations.