Ripple gets in-principle approval of the Major Payments Institution License application in Singapore. The leader in enterprise blockchain and crypto solutions will offer regulated digital payment token products and services in the city-state, further scaling the use of its crypto-enabled On-Demand Liquidity (ODL) service. XRP price climbs 3% in response to the announcement.
Ripple Gains Payments License in Singapore
Ripple on June 22 announced that its subsidiary Ripple Markets APAC Pte Ltd has received in-principle approval of the Major Payments Institution license from Singapore’s central bank Monetary Authority of Singapore (MAS). The firm also took to Twitter to announce that it has deepened its root in the Asia-Pacific region.
We’re honored to obtain In-Principle Approval of a Major Payments Institution License from the @MAS_sg – allowing us to offer regulated digital asset products and services, and scale customer use of #ODL.
Learn more: https://t.co/8Ylc3lZSeg
— Rippl
We współpracy z: https://coingape.com/ripple-gets-major-payments-institution-license-in-singapore-xrp-price/
