TripleA Wins Singapore Crypto License

Dec 2, 20211 min read

The crypto payments firm is the fourth to receive a digital payments token (DPT) license in the city-state.

The Monetary Authority of Singapore (MAS) has awarded a DPT license to TripleA, allowing the company to provide end-to-end cryptocurrency payment services, according to an announcement this week.

Founded in 2017 by mobile and payments entrepreneur Eric Barbier, TripleA currently operates in Singapore, with a presence in Hong Kong and Europe.

CEO Barbier said in the announcement that the license will enable the company to «expand cryptocurrency access to more residents and also strengthen TripleA’s positioning as a trusted and reliable crypto payments partner for businesses worldwide.

MAS has awarded DPT licenses to DBS Vickers, Australian crypto exchange Independent Reserve and fintech firm Fomo Pay.

It has received over 170 license applications from digital payment token service providers, including global crypto exchanges such as Coinbase and Kraken.

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Mei Ling Tan

Contributor · RetailNews.asia

Mei Ling Tan is the Editor of Retail News Asia, where she leads the editorial team in delivering in-depth coverage of Asia’s dynamic retail landscape. With over a decade of experience in business journalism, Mei Ling is known for her sharp analysis, deep industry insights, and commitment to uncovering the stories behind Asia’s most innovative retail brands. Before joining Retail News Asia, Mei Ling held senior reporting roles at regional business publications, covering everything from consumer trends to digital transformation in retail. A graduate of the National University of Singapore with a degree in Communications and New Media, she combines journalistic integrity with a strong understanding of evolving market forces. Outside the newsroom, Mei Ling is a frequent speaker at industry panels and a mentor for young journalists.

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