Ripple secures MAS approval to broaden cryptocurrency payment services in Singapore
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2025
0mins
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.
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.
