Ripple Approved to Expand Payments in Singapore

The post Ripple Approved to Expand Payments in Singapore appeared first on Coinpedia Fintech News

Ripple has received approval from Singapore’s Monetary Authority (MAS) to expand its Major Payment Institution license, allowing it to offer fully licensed, end-to-end payment services in the country. This expansion enables Ripple to provide a broader range of regulated payment activities, including cross-border transfers using its digital tokens like XRP and RLUSD. The move strengthens Ripple’s position in Singapore, a key Asia-Pacific fintech hub, helping financial institutions make faster and safer payments with blockchain technology.