As per TheCCPress, Ripple has obtained a Major Payments Institution (MPI) license in Singapore from the Monetary Authority of Singapore (MAS). The license, secured by Ripple Markets APAC Pte Ltd, expands the company's regulated digital payment services in the region and supports its strategic growth in the Asia Pacific. Ripple CEO Brad Garlinghouse emphasized Singapore's strategic importance, noting the country's role as a leading fintech and digital asset hub. The move is expected to boost XRP's market presence and institutional adoption in Asia.
Ripple Secures Major Payments Institution License in Singapore
CCPressShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.