Ripple has secured a significant regulatory boost in Asia Pacific, after the Monetary Authority of Singapore (MAS) approved an expanded scope of payment activities for the Major Payment Institution (MPI) license held by its local subsidiary, Ripple Markets APAC Pte. Ltd.

Announced on December 1, the decision allows the company to broaden the range of regulated payment services it can provide from Singapore, positioning the city-state even more clearly as the company’s core operational hub in the region. Ripple described the move as enabling “end-to-end, fully licensed payment services” for customers rather than a narrow set of functions, underscoring the strategic weight of the upgrade.

MAS Hands Ripple A Major Boost

The company framed the approval as validation of its long-running “re

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