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Gemini in Singapore
Gemini Digital Payments Pte Ltd, an affiliate of Gemini Trust Company LLC, is a Digital Payment Token exchange and custodian business in Singapore.
Gemini Digital Payments operates under the supervision of the Monetary Authority of Singapore and has applied for a Major Payment Institution License pursuant to the regulations set forth in the Payment Services Act 2019.
Gemini Receives In-Principle Approval from MAS for Major Payment Institution License
In October 2024, Gemini announced that it has received In-Principle Approval (IPA) from the Monetary Authority of Singapore (MAS) for its Major Payment Institution (MPI) license application under the Payment Services Act 2019 to provide cross-border money transfer and digital payment token services.
Why choose Gemini?
Security-first mentality
When you buy and store your crypto with Gemini, your assets are held in an off-site cold storage system.
Get notified of price changes in real-time via the Gemini Exchange app
Gemini allows you to set up an alert system that will notify you as soon as prices of any Gemini-supported crypto changes.
Insured funds
Gemini’s insurance coverage safeguards your digital assets in your hot wallet against theft that results from a security breach or hack, a fraudulent transfer, or employee theft. See the Digital Asset Insurance section of the User Agreement for more information.
Support for Singapore dollar transactions at Gemini
In a blog article published by Gemini on 22 Dec 2020, Gemini now supports:
- the purchase of crypto with SGD using a debit card and,
- deposit of SGD into your Gemini account using FAST transfers.
SGD trading is available on both mobile app and website.
Cryptopedia
Gemini has just announced the launch of Cryptopedia in early 2021, a free educational platform that provides open-access, high-quality crypto education to the world.
Examples of topics:
- fundamentals of Bitcoin,
- hottest projects in DeFi,
- how trading and investing concepts apply to cryptocurrency,
- cybersecurity best practices to keep your crypto safe.