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Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple Gains Major Payments Institution License from Singapore's Monetary Authority

Ripple, a leading enterprise in blockchain and crypto solutions, has secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This follows the in-principle approval granted to Ripple in June 2023. The license will enable Ripple to continue offering regulated digital payment token services in Singapore, a key market for the company.

BitGo Secures MPI License Approval in Singapore

BitGo Secures MPI License Approval in Singapore

BitGo has received in-principle approval for a Major Payment Institution (MPI) license from Singapore's MAS, allowing it to expand its crypto services in the region. This aligns with Singapore's robust regulatory standards and BitGo's commitment to security in digital asset transactions.

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore Secures MPI License from MAS

Sygnum Singapore’s acquisition of a Major Payment Institution Licence from the Monetary Authority of Singapore comes amidst a wave of similar regulatory approvals by entities like Coinbase, Blockchain.com, and Crypto.com. This development broadens Sygnum's service offerings and positions it strongly in a competitive yet regulated digital asset market landscape in Singapore, thereby potentially attracting a wider segment of institutional clientele.

Blockchain.com Obtains Digital Payment Token License in Singapore

Blockchain.com Obtains Digital Payment Token License in Singapore

Blockchain.com has secured a Major Payment Institution License from Singapore's MAS, joining 3,427 licensed firms across banking, capital markets, and more.

Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens

Thailand's Mystic Valley Music Festival To Receive Payment Via its Minted MYST Tokens

Thailand's Mystic Valley music festival will be accepting payment for tickets from attendees through its own native MYST tokens.

Voyager Digital announces the listing of Elrond Gold token

Voyager Digital announces the listing of Elrond Gold token

Voyager digital has just listed the Elrond gold token on it’s exchange

US Should Register Ripple’s XRP Token as a Security, Says Market Expert Peter Brandt

US Should Register Ripple’s XRP Token as a Security, Says Market Expert Peter Brandt

The question of whether Ripple’s XRP token should be classified as a security remains unclear and has been debated upon.

The Nascent Primary Market of Security Token Offerings

The Nascent Primary Market of Security Token Offerings

Now that the ICO market bubble ebbed away security token offerings (STOs) have emerged, allowing investment in regulated securities recorded on a blockchain according to new research from the Oxford Faculty of Law

Aave Makes History as Core Developers Transfer Governance to Token Holders

Aave Makes History as Core Developers Transfer Governance to Token Holders

DeFi project Aave, has transferred the protocol’s governance rights over to its token holders, allowing the community to control the future of the network.

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook is now considering developing a system of digital tokens, pegged to different government-issued currencies including the US dollar and the euro. The new plan will still include Libra, although Libra Association, separately, will continue its work on the stablecoin pegged to a basket of global currencies.

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

US Rep. Tom Emmer Fears Criticism of Digital Payment Innovation May Repress Progress

In a congressional hearing which was held on January 30, US Representative Tom Emmer has expressed his concern about the excessive criticism of innovations in digital payment, saying that it may repress its progress.

Allianz Advances with Blockchain-Based Token System

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.

Digital Transaction announces world’s fastest web-scale blockchain and launches its utility token XPLL

Digital Transaction announces world’s fastest web-scale blockchain and launches its utility token XPLL

Digital Transaction the company behind the ParallelChain™ blockchain has launched its utility token XPLL, giving investors the opportunity to stock up during its pre-sales stages

Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers

Dubai-Based Property Developer Introduces Bitcoin Payment for Home Buyers

Ellington Properties, a Dubai-based developer, has chosen Bitcoin Suisse (BTCS) as its ideal crypto brokerage provider to facilitate Bitcoin payment for its international customers.

McAfee's Ghostcoin Gets Backing as Payment in Hong Kong

McAfee's Ghostcoin Gets Backing as Payment in Hong Kong

John McAfee's Ghostcoin gets backing for use as a payment coin in Hong Kong across 60 vending machines including Disneyland.

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