Ripple's Game-Changing Move: Securing Singapore License for Expansion

Ripple Labs secures operational license in Singapore! The company, via its subsidiary Ripple Markets APAC Pte Ltd., will offer digital payment token services to Singaporean users

Ripple acquires Major Payments Institution (MPI) license from Monetary Authority of Singapore (MAS). A significant milestone in expanding its presence in the country!

Ripple Labs CEO, Brad Garlinghouse, hails the license as a major win, emphasizing Singapore's pivotal role in Ripple's growth since 2017

Garlinghouse praises the Ripple team and announces plans for further growth in Singapore. The country's support for digital assets and fintech innovation stands out!

Garlinghouse highlights Singapore's leadership in digital asset regulation, making it an ideal hub for businesses and financial institutions

Ripple's recent achievements, combined with regulatory clarity, make Singapore an excellent choice for expanding its global presence.