Ripple secures MAS approval to broaden cryptocurrency payment services in Singapore
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2025
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Should l Buy ?
Source: SeekingAlpha
Ripple's Approval: Ripple received approval from the Monetary Authority of Singapore to expand its digital asset payment services under its Major Payment Institution license.
Investment in Singapore: The expanded license will enhance Ripple's ability to invest in Singapore and develop infrastructure for efficient and secure money transfers.
Asia Pacific Headquarters: Ripple established its Asia Pacific headquarters in Singapore in 2017, focusing on faster cross-border payments and on/off ramps for various financial entities.
Broader Crypto Developments: The news comes amid other developments in the cryptocurrency space, including Franklin Templeton's expansion of its crypto ETF suite with an XRP fund.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
