Ripple Awarded Singapore Monetary License

Reading Time: 2 minutes Ripple has obtained a payments institution license from the Monetary Authority of Singapore following its provisional award in June Ripple’s strong focus on the Asia-Pacific region for cryptocurrency payment services, where over 90% of its operations now occur, has yielded positive results Gaining a Singapore license enhances Ripple’s credibility and paves the way for institutional adoption Ripple announced on Wednesday that it has formally secured a payments institution license from the Monetary Authority of Singapore (MAS…
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