The Monetary Authority of Singapore has issued 33 "Digital Payment Token (DPT)" Major Payment Institution licenses, covering exchanges/wallets, custody and compliance infrastructure, payment acquiring, and banking/brokerage four major tracks.
Coinbase, Circle, Anchorage, DBS Vickers, FOMO Pay, and others are all included. Under the compliance dividend, Singapore's crypto ecosystem is taking shape, with regional funds and institutions accelerating their gathering.