Coinhako

SBI Holdings, Inc. announced last Friday that the firm intends to acquire a majority stake in the Singapore digital asset platform Coinhako Group.

Singaporean crypto firm Coinhako has been granted the Monetary Authority of Singapore’s (MAS) official approval for a Major Payment Institution (MPI) licence which allow the firm legally operates as regulated providers of Digital Payment Token (DPT) Services under the Payment Services Act (PSA).