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Ripple is now fully licensed to provide digital payment token services in Singapore by the MAS.
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The crypto firm said it is committed to “deliver real-world crypto solutions for businesses in APAC.”
The cryptocurrency firm, Ripple, officially made the announcement on October 3, 2023, as it secured a Singapore payment license. The firm wrote in its recent post on X (formerly Twitter) that its Singapore subsidiary, Ripple Markets APAC Pte Ltd., has secured its full Major Payments Institution (MPI) license to provide digital payment token services in Singapore.
It’s official: Ripple is now fully licensed to provide digital payment token services in Singapore by @MAS_sg! Ripple is committed to delivering real-world crypto solutions for businesses in APAC.
Learn more: https://t.co/jD8xSc2pdd
— Ripple (@Ripple) October 4, 2023
Notably, earlier this year, Ripple received in-principle approval of its Major Payments Institution MPI license application
We współpracy z: https://www.thecoinrepublic.com/2023/10/04/ripple-fully-licensed-to-provide-digital-payment-token-services/