Gemini just secured a payment license in Singapore. The company’s local entity is now cleared to offer digital payment token services and handle cross-border money transfers. There are no standard transaction volume caps for these services.

What Services Are Now Allowed?

The license covers digital payment token operations and international money transfer services. That means Gemini can officially roll out these offerings in Singapore, fully compliant with local regulations.

What Changes for Users?

No standard volume limits means Gemini can provide these services without the usual transaction caps. Singapore-based users get access to Gemini’s digital token tools and cross-border transfer options, with all the flexibility granted by the new license.

Gemini’s Local Setup

The approvals apply to Gemini’s Singapore entity, letting the company operate in the jurisdiction under its new license and in line with local rules.