Ripple CEO Brad Garlinghouse Praises Singapore’s Crypto Approach As the Fintech Firm Acquires Payments License
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The chief executive of payments platform Ripple Labs is commending Singapore for its approach to crypto assets as the firm obtains approval to operate in the nation. In a new press release, Ripple announces that it has obtained an in-principle payments license from the Monetary Authority of Singapore (MAS) which would allow it to offer digital asset services in the country. Ripple CEO Brad Garlinghouse says that Singapore’s approach to regulating crypto assets is pragmatic and innovative. “As a major global financial center, Singapore led the way in taking a pragmatic, innovation-first approach to crypto – we’re incredibly proud Ripple
San Francisco-based payments company Ripple is partnering with a Lithuanian financial technology (FinTech) firm to facilitate cross-border money transfers. In a new press release, Ripple says it’s... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: NixCoin
Key Highlights Ripple’s UK subsidiary has been authorized by the FCA as an Electronic Money Institution. The approval allows Ripple to expand regulated cross-border payment services in the UK. The move strengthens London’s role in Ripple’s global payments strategy. Ripple, a U.S.-based enterprise blockchain developer, received regulatory approval from the…