Robinhood receives "in-principle approval" from Singapore to prepare for launching brokerage services
According to the Robinhood blog, the Monetary Authority of Singapore (MAS) has granted Robinhood Singapore Pte. Ltd. a principle approval (IPA) to provide securities brokerage services, paving the way for its launch of comprehensive brokerage services in Singapore, including securities, exchange-traded derivatives, custody, financing, and collective investment products.
Singapore will serve as Robinhood's Asia-Pacific headquarters, complementing the MAS Major Payment Institution (MPI) license already held by its subsidiary Bitstamp Asia Pte. Ltd., strengthening its presence in the Asia-Pacific region. MAS emphasized that the IPA is not equivalent to a formal license, and Robinhood must still meet specific conditions, with the regulatory authority retaining the power to revoke the IPA.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Scandal with State Bank: Zelensky Comments on Possible Dismissal of NBU Head Pyshny

Star Bridge Capital London Gold Liquidation Incident Involves 2,000 to 3,000 People, Some Funds Deposited in USDT

AI Layoff Trap Paper Sparks Discussion on Automation Tax

Google Faces $6.7 Billion Lawsuit

Ukrzaliznytsia Launches 'Railway Worker Card' for Employees

Iran's Foreign Minister calls for the establishment of a collective security mechanism "not subject to U.S. interference."

Cantor Fitzgerald raises target prices for Strategy, Robinhood, and Block, while cryptocurrency concept stocks decline against the trend

The Governor of Alabama, USA, signed the SB 277 bill, creating a legal framework for DAOs

Ethereum’s plan to triple network speed could silently break millions of existing smart contracts

Wall Street Morning Report: Nvidia Breaks the 'Earnings Day Curse', Software Stocks Dismiss 'SaaS Apocalypse', Jackson Hole Tonight May Set the Tone for the Second Half of the Year

Long-term Interest Rates Expected to Rise Again, Dependent on Warsh's Speech Signals

NBU Investigates Banks Involved in Collateral for Halushchenko: What We Know

Comparing 5g Gold Bars and Satoshis: Differences in Physical Premium and On-Chain Storage

Ledger rejects hack claim after OneKey recreates bug

TradFi Payments and Stablecoin Remittance Rails: How PayPal, USDT, and USDC Are Changing International Transfers

Five Charts to Understand the Starting Point of the Bitcoin Bull Market in 2026

Bitcoin Miners' Shift to AI: How IREN and Semiconductor Giants (MU, NVDA) Are Redefining Hashrate Economics

What is being said at the tables: full official attention to the dollar-inflation duo and investors like Marcelo Gallardo, "with the guard up"

EASY Residency Season 4 List Released, 9 Projects Have Interactive Opportunities

8 Years of 'Friendship': Internet Celebrity Di Shi Reveals He Was Defrauded of Millions by Sun Zeyu

Hash Global: After BTC, Who Will Take the Baton for the Next Bull Market?

Roman Storm's retrial postponed to April 2027

What Does the 'Niche Market' of Gold Mean?

Historically Unique: An Asset with 100% Winning Rate Over 4 Years

Potential Taxable Activities for Cryptocurrencies in 2025 Estimated at Approximately 73 Trillion Yen = Chainalysis

Credit Card Expenses in Dollars: The Best Way to Pay the Bill and Avoid Extra Charges

Anthropic AI Hardware Control Achieves 99.3% Success Rate in Tests

BTC Transfer from Kraken: 843 Bitcoins Leave the Exchange to Unknown Wallet

Euro Stablecoin on Ethereum: $579 Million, More Than Double Solana and Base




