QCP Trading announced it has received In-Principle Approval (IPA) for a Major Payment Institution (MPI) License from the Monetary Authority of Singapore. This allows QCP Trading to prepare to offer regulated spot trading services for digital payment tokens. The company aims to provide spot trading for a wide range of stablecoins and major digital tokens supported by its comprehensive on/off ramping services in multiple currencies, 24/7 support, seamless API integration, dedicated voice trading capabilities, and same-day settlement through its local banking partners.
QCP Trading aims to become one of the most price-competitive players in the digital asset space.
