Why has Gemini secured a Singapore payment licence?

Gemini secured the licence to operate regulated digital payment token and cross-border money transfer services through its Singapore entity.

How is Gemini expanding in Singapore?

Gemini is expanding its local crypto services while building Singapore into a key regulated base for its regional operations.

What does Gemini’s full licence mean for Singapore customers?

The licence confirms Gemini’s regulated status for its approved payment services and replaces its earlier in-principle approval.

Why is Singapore important to Gemini’s strategy?

Singapore provides Gemini with a regulated base for serving local customers and expanding its cryptocurrency business across the region.

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Gemini wins full Singapore payment licence

Q: What are Gemini’s licensed services in Singapore?

Gemini Digital Payments Singapore can provide digital payment token services and cross-border money transfers under Singapore’s Payment Services Act.

Escrito por Heidi Cuthbert Published Sep 9, 2026, 7:12 AM

Gemini has secured a Major Payment Institution licence in Singapore.
The licence covers digital payment token and cross-border money transfer services.
The approval strengthens Gemini’s regulated presence in Singapore and supports its regional growth plans.

Gemini has secured a Major Payment Institution licence in Singapore through its local entity, Gemini Digital Payments Singapore.

The licence allows Gemini to provide digital payment token services and cross-border money transfers under Singapore’s Payment Services Act.

Gemini has served Singapore customers since 2020 and currently offers spot trading, custody and over-the-counter services.

The approval upgrades Gemini’s previous in-principle approval from the Monetary Authority of Singapore, which it received in October 2024.

Gemini moved Singapore customers to its local entity in April 2025 as part of its regulatory transition.

The full licence gives Gemini a regulated base for its Singapore operations and removes the uncertainty around its earlier in-principle approval.

Gemini has continued expanding its Singapore offering, including XRP deposits and withdrawals through the XRP Ledger in August 2026.

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