Hex Trust Receives Major Payment Institution License from Monetary Authority of Singapore


According to official sources, the cryptocurrency custody institution Hex Trust announced that it has obtained a major payment institution (MPI) license issued by the Monetary Authority of Singapore (MAS). The license was issued on March 1, 2025, authorizing Hex Trust to provide regulated cross-border remittance services and digital payment token (DPT) services. With this license, Hex Trust can now provide a fully integrated solution including custody, over-the-counter (OTC) trading, and settlement, while also covering fiat currency deposit and withdrawal services.