Fintech News

MAY 12, 2024

XREX Singapore, a blockchain-enabled financial institution specialising in cross-border payments, has been granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore (MAS).

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Fintech News

JUNE 11, 2024

This move aims to enhance Ripple ‘s product offerings and explore new ventures like stablecoins while maintaining regulatory compliance. money transmitter licenses, a Major Payment Institution License from the Monetary Authority of Singapore , and a Virtual Asset Service Provider registration with the Central Bank of Ireland.

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Finovate

FEBRUARY 14, 2024

Decentralized finance company Ripple acquired Standard Custody & Trust Company, a firm that offers institutional-grade custody, escrow, and settlement platform for digital assets. Terms of the deal were undisclosed. Blockchain and crypto solutions company Ripple announced its fourth acquisition today.

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The Fintech Times

APRIL 5, 2024

Ripple is committed to regulatory compliance and has a growing license portfolio in key regions around the globe. There is demand from Ripple’s customers in emerging markets to enable stablecoin payouts. Earlier this year, Ripple agreed to acquire Standard Custody , one of the few crypto companies that holds a NY Trust Charter.

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