Ripple expands Singapore MPI license to enable wider range of crypto payment services
Important points: Ripple has received approval from Singapore’s MAS to expand the scope of its Major Payment Institution (MPI) license. This move will enable broader regulated cryptocurrency payment services using XRP and RLUSD across Singapore. On-chain activity in the Asia-Pacific region has increased by about 70% year-on-year, with Singapore becoming a core hub for Ripple’s…
