Ripple Expands in Singapore, Boosts Digital Payments
Update: 2025-12-01
Description
Ripple Secures Green Light in Singapore: Expansion of Payment Services & Digital Currency OfferingsRipple, a prominent cryptocurrency player, has received approval from Singapores financial authorities to expand its payment services. This expansion allows Ripple Markets APAC, a subsidiary, to offer more regulated payment options, including XRP and RLUSD, to customers in Singapore. The move is a significant step for Ripple, enabling them to broaden their reach in a key Asian market. Monica Long, Ripples President, praised Singapores clear regulations for digital assets, while Fiona Murray, Ripples Vice President and Managing Director for Asia Pacific, highlighted Singapores leadership in digital asset usage. This expansion underscores Ripples commitment to working within established regulatory frameworks and positions them to further capitalize on the growing digital asset market in Asia.
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