Cryptocurrency Payment Provider Digital Treasures Center Changes Name to dtcpay
It is reported that the cryptocurrency payment provider Digital Treasures Center, which holds the MPI license of the Monetary Authority of Singapore (MAS), announced to change its
It is reported that the cryptocurrency payment provider Digital Treasures Center, which holds the MPI license of the Monetary Authority of Singapore (MAS), announced to change its name to “dtcpay” to express its commitment to digital payment. The new CEO of dtcpay Group, Kanny Lee, stated that in the future, it will expand its business to Hong Kong and launch more legal and digital currency trading pairs. Processed over S $50 million in transactions in the first quarter of 2023.
Singaporean digital payment service provider Digital Treatures Center renamed dtcpay
Digital Treasures Center, the Singapore-based cryptocurrency payment provider, recently announced a rebranding effort, changing its name to “dtcpay.” This move is said to be part of the company’s renewed commitment to digital payment, as well as its plans to expand and explore new business opportunities in Hong Kong.
MPI License Holder
Digital Treasures Center is licensed by the Monetary Authority of Singapore (MAS) and is allowed to operate in the country as a Major Payment Institution (MPI). After acquiring the license in 2022, the company has seen tremendous growth and has processed over S$50 million in transactions in the first quarter of 2023.
A New CEO and New Plans
Kanny Lee, the new CEO of dtcpay, recently announced the company’s plans to expand their business to Hong Kong and launch more legal and digital currency trading pairs. With the new name, the company aims for a fresh start and renewed commitment to their vision and mission.
What Does This Mean For The Company?
The change in name is expected to bring in more customers and investors, as dtcpay aims to provide a more streamlined and better customer experience. The new name also reflects the company’s plan to expand not only its business but also its service offerings, as the payment industry continues to evolve and adapt to new technologies.
Why Is dtcpay Significant?
Digital payment providers like dtcpay play a significant role in the growth of the cryptocurrency industry. As more people and businesses become aware of the benefits of digital currencies, the demand for services like dtcpay will continue to increase. Moreover, with the company’s plans to expand to Hong Kong, it is expected that dtcpay will contribute to the growth of digital payment solutions across the region.
Conclusion
In conclusion, dtcpay’s decision to change its name reflects the company’s renewed commitment to digital payment and its plans to expand and explore new business opportunities in Hong Kong. With a strong track record of success and a new CEO at the helm, the company is poised to grow and provide better service to its customers and investors.
FAQs
1. What is dtcpay?
Answer: dtcpay is a Singapore-based cryptocurrency payment provider that holds the MPI license of the Monetary Authority of Singapore (MAS).
2. What is the significance of the name change?
Answer: The name change reflects the company’s renewed commitment to digital payment and its plans to expand and explore new business opportunities in Hong Kong.
3. What are dtcpay’s expansion plans?
Answer: dtcpay plans to expand its business to Hong Kong and launch more legal and digital currency trading pairs in the future.
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