SDAX receives approval-in-principle from MAS to launch digital asset exchange

Digiassets Exchange Singapore (SDAX) has, on Feb 2, received an approval-in-principle from the Monetary Authority of Singapore (MAS) to operate a digital asset exchange.

SDAX is an institutional grade digital asset trading platform which uses superior blockchain technology to break down and speed up traditional exchange processes, as well as opening new fundraising and investment opportunities.

The exchange is backed by a team with strong experience, and counts names such as former Minister for National Development Mah Bow Tan in its board of directors and advisory panel.

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