Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto
Crypto21:06
CZ Emphasizes Strict Private Key Isolation for Hardware Wallets
Macro21:06
US Small Business Bankruptcies Surge to Records as Inflation Persists
Crypto
Ripple Markets APAC Expands License Scope in Singapore
12/01/2025, 07:36
AI SUMMARY
●Ripple Markets APAC secures expanded MPI license from Singapore's MAS.
●Approval allows for a broader range of regulated payment activities.
●Move aims to bolster Ripple's investment and operations in Singapore.
Ripple's Singapore subsidiary has received approval from the Monetary Authority of Singapore (MAS) to expand its regulated payment activities under its Major Payment Institution (MPI) license. This approval allows the company to broaden its service offerings in the region.
Ripple President Monica Long stated that this regulatory expansion will strengthen the company's investment capabilities and operational footprint in Singapore, a key hub for its Asia-Pacific strategy.