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Swiss crypto bank Sygnum secures in-principal approval in Singapore -Breaking

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Sygnum Singapore is a subsidiary bank Sygnum based in Switzerland. It has received new regulatory approvals from the local authorities.

Company AnnoucedSygnum Singapore was approved by the Monetary Authority of Singapore on Tuesday to provide three more regulated activities in accordance with its capital markets services license (CMS). This is the Initial CMS license grantedSygnum Singapore will be able to manage assets in 2019