Ripple Expands Scope of Payment Activities in Singapore for its Major Payment Institution License
December 1 2025
Ripple, a leading financial technology company providing crypto solutions for businesses, today announced that the Monetary Authority of Singapore (MAS) has approved an expanded scope of payment activities for the Major Payment Institution (MPI) license held by its Singapore subsidiary, Ripple Markets APAC Pte. Ltd. (RMA). With this approval, Ripple can broaden its regulated payment offerings and deliver greater value to customers in Singapore. As one of the few blockchain-enabled institutions globally with an MPI license, Ripple continues to reinforce its commitment to compliance, transparency, and strong regulatory partnership.