Ripple has received full license from the Monetary Authority of Singapore (MAS)🎉! Ripple said the central bank of Singapore has granted it an operating license as a major payments institution, allowing it to continue operating in the country after receiving in-principle approval in June. This means Ripple can offer digital payment token services in Singapore, providing real-world crypto solutions to businesses in the Asia-Pacific region. 🌏

Ripple CEO Brad Garlinghouse said that Singapore has developed into one of the leading fintech and digital asset hubs, achieving a balance between innovation, consumer protection and responsible growth. Singapore has been home to the company’s Asia-Pacific headquarters since 2017 and is critical to Ripple’s global operations. 🌟

Ripple joins the list of 14 other companies granted the same license by the MAS, including local branches of crypto exchange Coinbase, Independent Reserve and Blockchain.com. 👏 This undoubtedly brings an optimistic future to the development of Bitcoin! 💪