🎉 Ripple has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS)! 🇸🇬 The company will now be able to provide regulated digital payment token services in Singapore.

🌏 The Asia-Pacific region is becoming an important market for Ripple, as about 90% of the company's business occurs outside the United States.

🤝 Ripple is actively engaged with legislators and regulators in Asia and is working with MAS to support the development of Singapore as a crypto and technology hub.

💬 Let's discuss in the comments: what prospects do you think open up for Ripple after receiving this license?