kokkymohamed

In December 2025, Ripple announced it secured approval from the Monetary Authority of Singapore (MAS) to expand its payment activities under its Major Payment Institution (MPI) license. This regulatory expansion allows Ripple to offer a wider range of regulated payment services, including those involving XRP and its stablecoin RLUSD, to both institutional and retail clients in Singapore.
Impact of Singapore license expansion
Wider service offerings: Ripple can now provide a more extensive suite of payment services to banks, fintechs, and crypto firms operating in Singapore.Support for XRP and RLUSD: The expanded license specifically enables Ripple to offer token-based settlement using XRP and RLUSD, bolstering their institutional use in cross-border payments.Infrastructure investment: The approval strengthens Ripple's ability to invest further in Singapore and build the necessary infrastructure for faster and more efficient money movement.Regulation-first approach: Ripple President Monica Long stated that the company values Singapore's clear regulatory standards, which align with Ripple's strategy of operating within well-defined frameworks.Strategic hub: The move reinforces Singapore's pivotal role as a hub for Ripple's global operations, particularly within the booming Asia-Pacific digital asset market.
XRP price reaction
Despite the positive regulatory news, XRP experienced a price drop around the time of the announcement, in line with a broader market sell-off. The price decline underscores that market factors and whale movements can sometimes overshadow positive developments. However, analysts note that the $1.90 to $2.00 price level is a key support zone, with Ripple's expansion potentially influencing future price movements.
XRP TO THE MOON
Disclaimers:Info and knowledge sharing.Not a financial advice.
DO YOUR OWN RESEARCH.(DYOR)
#Ripple #Xrp🔥🔥 #BankingNews #bullish #BinanceSquareTalks