The Monetary Authority of Singapore has granted Cumberland SG, the Asia division of the U.S.-based crypto trading firm Cumberland, in-principle approval for a Major Payment Institution license. The approval, which was announced on Mar. 18, brings the company one step…

Coinbase Initiated at Outperform at Bernstein; Best-Positioned to Benefit From Regulatory Tailwinds
The crypto industry is expected to join the financial mainstream in the U.S. as the regulatory environment improves, and Coinbase (COIN) is well positioned to