Singapore Grants Ripple Approval to Scale Its Regulated Payments Business

Ripple won expanded approval from Singapore regulators on Dec. 1, 2025, as the Monetary Authority of Singapore broadened the Major Payment Institution (MPI) license held by Ripple Markets APAC. The approval arrives amid ~70% year-over-year growth in Asia-Pacific on-chain activity and enables Ripple to scale regulated services for collection, holding, swapping and payouts.