Ripple Granted Full Payments License in Singapore, Cementing Status as Asia Pacific Hub

Ripple received full digital payments license from Monetary Authority of Singapore after getting initial approval in June.

Ripple's Asia Pacific HQ has been in Singapore since 2017 - country seen as key to business.

Over 90% of Ripple's business is outside the US; will continue to prioritize Asia Pacific.

License allows Ripple to provide digital payment token services in Singapore.

Ripple now one of 14 companies with this license in Singapore, including Coinbase and Blockchain.com.