Ripple subsidiary has received a major payments institution license from the Monetary Authority of Singapore
Ripple said its Singapore branch has received a major payments institution license from the Monetary Authority of Singapore, allowing it to continue providing digital currency payment services in the fast-growing region.
Ripple CEO Brad Garlinghouse said: "Singapore has evolved into one of the leading fintech and digital asset hubs, balancing innovation, consumer protection and responsible growth." (CoinDesk)