📢 Ripple received a major payment institution license from the Central Bank of Singapore (MAS)! 🇸🇬
- Ripple will be able to offer regulated digital payment token services in Singapore.
- 90% of Ripple's business takes place outside the USA, making the Asia-Pacific region an important market.
- MAS is working with Ripple to support Singapore as a crypto and technology hub.
- MAS is working in the field of blockchain and digital currency with "Project Ubin" and "Project Orchid".
- Ripple will be able to offer regulated digital payment token services in Singapore.
- 90% of Ripple's business takes place outside the USA, making the Asia-Pacific region an important market.
- MAS is working with Ripple to support Singapore as a crypto and technology hub.
- MAS is working in the field of blockchain and digital currency with "Project Ubin" and "Project Orchid".