Circle Establishing Singapore Hub Amid Global Expansion

Circle Establishing Singapore Hub Amid Global Expansion
Circle announced plans to establish a hub in Singapore in what the digital payment company calls a key part of its global expansion plans.“You cannot build an always-on, global internet finance business without considering Singapore as a hub,” said Dante Disparte, Circle’s Chief Strategy Officer and Global Head of Policy, in the press release. “The Monetary Authority of Singapore (MAS) has been an extraordinary regulatory partner as we have looked to expand our business horizons and invest in the Singaporean market.”The company will hire a Singapore-based leadership team for the hub and will submit applications to obtain the applicable licenses…