Ripple Obtained Full License in Singapore!

The post Ripple Obtained Full License in Singapore! appeared first on Coinpedia Fintech News

Ripple has secured a full license to provide digital payment token services in Singapore from the Monetary Authority of Singapore (MAS), four months after obtaining in-principle approval of its Major Payments Institution (MPI) license application. The company’s Singapore subsidiary, Ripple Markets APAC, said the license highlighted the real-world uses of crypto as well as an important step towards wider adoption of digital assets. Brad Garlinghouse, Ripple’s CEO, said Singapore had become pivotal for Ripple since establishing itself there in 2017. Regulatory clarity was a major contributor to Singapore’s success, he added.