Ripple News: XRP, RLUSD Linked Firm Gets Key Approval For Booming Singapore Market

Ripple News: XRP, RLUSD Linked Firm Gets Key Approval For Booming Singapore Market

The permissions give Ripple more bandwidth to offer token-based settlement and related payment services to banks, fintechs and crypto firms operating in the city-state.

Ripple grows regulated payment services footprint in Singapore

Ripple Labs has received approval from Singapore’s central bank to expand its payment services in the country. This move comes as the company adapts a major effort to attract more institutions by enhancing its business and offerings via acquisitions. This news was revealed after reports indicated that Ripple’s Singapore branch, Ripple Markets APAC, had obtained permission from the Monetary Authority of Singapore (MAS) to expand its regulated pay…

LATEST: Ripple Labs Expands Global Payment Business Operations In Singapore

Ripple Labs scored a major regulatory boost after Singapore’s Monetary Authority approved an expansion of the company’s Major Payment Institution license. The upgrade strengthens Ripple’s position in one of the world’s most crypto-friendly financial hubs and deepens its long-standing presence in the region. Ripple executives say the expanded permissions will let the company better support institutions driving Asia Pacific’s fast-growing crypto a…

Singapore’s MAS grants Ripple wider payment permissions as APAC demand surges

MAS expands Ripple’s payment permissions for XRP and RLUSD services. The approval boosts Ripple’s role in fast, regulated APAC cross-border payments. Regional digital asset activity rises as Ripple deepens Singapore investment. The Monetary Authority of Singapore (MAS) has approved an expanded range of payment activities for Ripple Markets APAC, the company’s local subsidiary. This approval allows Ripple to grow its regulated payment services fo…

Ripple Expands MPI License in Singapore, Supporting SUBBD Token’s AI Creator Push

The post Ripple Expands MPI License in Singapore, Supporting SUBBD Token’s AI Creator Push appeared on BitcoinEthereumNews.com. Ripple Expands MPI License in Singapore, Supporting SUBBD Token’s AI Creator Push Sign Up for Our Newsletter! For updates and exclusive offers enter your email. As a crypto writer, Bogdan’s responsibilities are split between researching and writing articles and entertaining the team with his humor bordering on the pol…