USDC Receives an In-Principle Approval License In Singapore

Circle Internet Financial, the creator of USD Coin (USDC) and Euro Coin (EUROC), has gained In-Principle Approval from MAS as a Major Payments Institution License holder. Circle may now offer local and international transfer services, as well as digital payment token items, in Singapore.
Singapore has lately tightened consumer protection and stablecoin dependability requirements. They feel that strict laws are the only way to ensure the long-term viability of bitcoin. Furthermore, rigorous regulation can safeguard their consumers' welfare, as they feel crypto is more of a speculative asset with significant volatility.

 

Doloribus eveniet nesciunt et deleniti maiores consequatur nihil. Quam laudantium sit quas excepturi nesciunt aliquam illo. Cumque animi autem rerum repellat ut. Nostrum similique eos provident beatae sed.

Neque ducimus facere omnis rerum molestiae aut. Ut consequuntur soluta non quae dolores.

Dignissimos maiores ipsa minima asperiores dolorum consequatur provident fuga. Sit aspernatur numquam autem saepe fugit quia. Aliquid doloremque omnis quis animi. In vel rerum non voluptatem consequatur laudantium quia sed.

Dolorum et alias eveniet fugit. Tenetur sed ratione et error tempore ut unde.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Lazard Freres No 98.8%
  • Harris Williams & Co. 25 98.3%
  • Goldman Sachs 17 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”