QCP Trading Receives Full MPI License in Singapore

QCP Trading has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS), paving the way for its institutional crypto trading services. This marks a significant milestone for the firm as it moves to provide compliant solutions to growing demand from institutional clients. QCP Trading, which is part of the QCP Group based in Singapore, has seen a 40% increase in its team over the past year and plans to expand further by hiring across compliance, operations, and client management roles.