Ripple has received approval from Singapore’s Monetary Authority (MAS) to expand its activities under its Major Payment Institution license, enabling the company to offer fully licensed, end-to-end payment services in the country. The authorization strengthens Ripple’s position as a regulated digital asset payments provider in one of Asia’s most advanced fintech markets.
The expanded permissions allow Ripple to broaden its payment corridors and support higher transaction volumes for institutional clients using its blockchain-based infrastructure. Singapore remains a strategic hub for the company, which notes growing regional demand for compliant cross-border settlement solutions.
Industry analysts say the approval underscores Singapore’s continued openness to licensed crypto-related businesses, even as global regulators tighten scrutiny. The enhanced license gives Ripple additional regulatory clarity as it scales payment operations across Asia-Pacific.
