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Ripple gains Singapore approval to expand digital payment services Dec. 1, 2025.
Ripple Labs has received approval from Singapore’s Monetary Authority to expand its regulated payment services, effective December 1, 2025.
The upgraded Major Payment Institution license allows Ripple Markets APAC to offer broader digital payment token transactions via its Ripple Payments system, enhancing cross-border capabilities.
The move supports Ripple’s regional strategy, bolstered by recent acquisitions like crypto custody firm Palisade.
Singapore’s regulatory environment and strong regional crypto adoption—driven by growth in India, Pakistan, Vietnam, and the Philippines—underpin the expansion.
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Ripple obtiene la aprobación de Singapur para expandir sus servicios de pago digital el 1 de diciembre de 2025.