Ripple obtains approval to expand cross-border payment operations in Singapore

CryptoMotivator · 2026-01-13T10:04:00+00:00

The Monetary Authority of Singapore granted Ripple an expanded regulatory scope by extending its Major Payment Institution license, allowing the fintech to offer comprehensive cross-border transaction solutions. This approval enhances Ripple's strategic position in Asia and reflects regulatory confidence in its business model.

CryptoMotivator

2026-01-13 10:04:00

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The Monetary Authority of Singapore (MAS) granted Ripple a significant expansion of its regulatory scope, extending the Principal Payment Institution (MPI) license. With this approval, the fintech can offer a full portfolio of solutions for cross-border transactions in the region.

The regulatory decision marks an important milestone for the company, which can now operate with XRP and RLUSD, its core digital assets. This authorization reflects the confidence of the Singaporean regulator in Ripple’s operations and its business model focused on payment infrastructure.

With this license extension, Ripple strengthens its strategic position in Asia. Singapore’s recognition, one of the world’s largest financial hubs, paves the way for the company to consolidate its cross-border operations and offer more robust solutions in the regional market. This approval also demonstrates the progress of regulatory policies around blockchain technologies in Asian markets.

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