✅ Ripple has received official approval from the Monetary Authority of Singapore (MAS) to expand its services there.
📊 Details:
- On December 1, 2025, Ripple announced that MAS approved the expansion of its payment activities under the Major Payment Institution (MPI) license of its Singapore branch, Ripple Markets APAC Pte. Ltd..
- This expansion allows Ripple to offer a wider range of digital payment services, including the use of digital payment tokens like XRP and RLUSD through the Ripple Payments platform.
- Ripple had obtained a full MPI license in 2023, and is now one of the few global institutions operating on blockchain that has this level of regulatory approval.
- The goal is to enhance transparency and compliance, and provide greater value to customers in Singapore, while supporting cross-border transactions swiftly and clearly.
Why is this important?
- Singapore is considered a major hub for financial innovation in Asia, and obtaining MAS approval enhances Ripple's position as a regulated payment service provider.
- This move could open the door to broader institutional partnerships and increase investor confidence in using Ripple's solutions.
- It also reflects the trend of financial authorities in Asia towards regulating and adopting blockchain solutions.
💡 Conclusion: MAS approval gives Ripple a strong boost in Asia, confirming that regulation and compliance are the path to widespread adoption of blockchain-based payment solutions.
⚠️ This is not investment advice, do your own research before making any decisions.
