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Ripple Secures MPI License in Singapore, Aiming to Bolster Its APAC Presence and Digital Payment Services

Ripple Secures MPI License in Singapore, Aiming to Bolster Its APAC Presence and Digital Payment Services

Ripple’s Singapore subsidiary, Ripple Markets APAC, has secured a full MPI license from the Monetary Authority of Singapore (MAS) to provide digital payment token services in Singapore. Key Takeaways Ripple, recognized for its blockchain and cryptocurrency solutions, has achieved a notable milestone by obtaining an MPI license from the Monetary Authority of Singapore (MAS). This license enables its Singapore subsidiary, …

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Circle takes Singapore's Fintech Industry by Storm with New Major Payment Institution License

Circle takes Singapore’s Fintech Industry by Storm with New Major Payment Institution License

Circle, a fintech firm, has achieved a major milestone in its Asian expansion efforts. The Monetary Authority of Singapore (MAS) has granted Circle Singapore a Major Payment Institution (MPI) license, which empowers the company to offer invaluable digital payment token services, cross-border money transfer services, and domestic money transfer services.  Circle Singapore has obtained a Major Payment Institution (MPI) license …

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