$62,056.00
3.15%$2,432.83
4.91%$555.23
2.06%$138.65
6.03%$0.999571
0.01%$0.583912
1.34%$2,432.51
4.96%$0.104188
2.80%$5.74
4.28%$0.150071
-0.03%$0.347374
4.61%$26.00
10.71%$2,868.66
4.56%$61,947.00
3.03%$0.00001415
6.94%$2,435.37
5.07%$345.20
10.09%$11.12
5.49%$4.21
2.46%$5.74
0.40%$6.82
3.14%$4.50
11.47%$65.15
2.12%$0.172384
0.65%$2,548.24
5.00%$8.22
6.00%$1.52
11.67%$1.35
12.94%$0.0000079
8.45%$6.33
7.20%$171.53
-0.45%$0.998769
0.04%$0.39647
4.64%$0.095784
2.11%$18.56
4.86%$366.37
15.31%$0.998408
-0.03%$1.70
11.63%$39.26
3.64%$1.46
6.62%$0.08188
3.07%$146.55
6.85%$3.68
6.54%$5.13
9.20%$20.73
9.66%$0.549333
6.07%$0.587887
4.46%$0.051842
5.35%$1.58
8.83%$0.646868
14.34%$0.02214965
4.27%$4.48
6.36%$1.72
13.16%$10.97
0.33%$4.42
10.30%$2,434.77
4.82%$0.151357
8.64%$1.39
8.38%$1,544.05
4.90%$6.37
20.62%$2,721.62
4.89%$0.94915
2.86%$61,976.00
3.08%$19.98
9.64%$0.00013425
9.60%$2,539.67
4.94%$7.23
7.08%$0.00001746
6.26%$0.395939
4.53%$0.332086
21.64%$0.306598
4.28%$0.131242
7.69%$8.32
2.05%$0.787623
8.13%$72.52
1.22%$0.02071261
6.00%$48.87
5.94%$1.12
4.97%$0.654869
9.65%$1.048
8.30%$2,479.51
4.94%$7.55
-2.04%$0.970298
4.12%$2,433.59
4.89%$0.00000089
2.58%$0.562749
6.16%$0.01671687
10.87%$0.871721
23.79%$2,420.96
4.24%$0.00792236
7.49%$2.49
3.03%$0.01794105
-2.45%$0.080782
8.46%$0.133971
2.53%$0.498239
4.38%$27.21
3.78%$0.01909739
4.25%$9.28
2.71%$0.997941
-0.13%$4.86
5.39%$0.01494694
3.67%$1.59
7.25%$0.997534
-0.13%$0.40064
5.10%$169.03
6.12%$9.70
5.69%$32.48
6.82%$0.667486
5.83%$0.148225
4.31%$2.63
5.80%$0.996472
0.01%$0.00003222
5.54%$2,576.83
0.25%$61,958.00
3.35%$0.0000003
4.60%$0.263488
4.85%$2,491.38
5.04%$0.230471
13.41%$17.88
7.25%$0.924786
5.83%$1.001
3.29%$3.47
8.25%$2,434.60
4.96%$1.56
5.48%$0.467561
12.13%$0.288425
4.57%$0.776498
3.19%$0.00098211
1.84%$0.055554
7.38%$2,628.42
4.91%$0.998066
0.01%$4.40
11.77%$2,582.98
0.17%$1.49
6.85%$0.00547837
28.66%$0.00008462
4.22%$1.80
4.59%$0.766051
12.53%$0.251174
9.30%$31.59
4.08%$8.15
6.25%$0.00672442
11.30%$13.34
7.65%$0.123543
8.77%$0.063245
3.27%$2,429.74
4.58%$0.399264
5.01%$0.129234
6.03%$2,429.10
4.72%$0.401615
28.61%$0.555642
3.13%$144.05
6.00%$0.063953
5.56%$0.941904
16.50%$0.02805407
-0.39%$0.999895
0.08%$0.00000041
0.71%$0.061134
3.54%$0.998541
-0.27%$1.53
5.85%$155.32
3.98%$22.71
3.38%$44.50
5.33%$8.45
5.00%$2,433.96
4.90%$3.97
1.91%$1.90
16.23%$0.00000107
14.29%$0.204256
13.94%$0.00090699
15.19%$0.999985
-0.01%$0.893323
1.04%$0.75227
2.36%$2,434.55
4.90%$0.053894
-0.20%$0.03762745
10.13%$0.516118
6.44%$0.0051078
-1.44%$0.737847
3.91%$2.95
6.26%$2,670.71
4.89%$0.00668077
6.86%$0.340655
-1.42%$0.816547
-0.28%$1.056
-0.10%$0.387157
5.42%$0.281676
4.93%$0.265332
9.49%$62,004.00
3.12%$0.00
-7.34%$0.653919
11.59%$2,602.00
4.98%$20.98
5.67%$0.063841
12.00%$0.130823
6.06%$62,053.00
2.98%$0.175685
8.59%$1.12
11.03%$0.00383163
4.26%$0.00173327
7.24%$25.00
4.59%$2,531.69
5.16%$0.295413
-3.83%$0.764346
7.57%$0.286605
4.59%$2.25
5.62%$79.27
3.06%$0.01059459
5.23%$2.20
8.71%$0.693173
17.16%$1.91
0.01%$0.02782678
-0.08%$0.02720627
7.33%$0.03754487
5.94%$39.79
5.47%$1,246.26
3.24%$0.180094
3.15%$0.01407455
4.96%$0.364253
3.09%$0.0007716
1.12%$0.384152
3.05%$0.479618
5.10%$0.148113
3.90%$0.30689
7.66%$6,502.03
-1.15%$0.149177
7.90%$1.47
7.94%$0.233751
7.10%$0.0043444
3.74%$62,038.00
3.06%$15.49
-0.46%$0.01729144
2.87%$2.34
3.89%$0.00245032
3.69%$2.40
21.78%$6.07
4.03%$0.059439
2.59%$0.02449748
3.36%$0.999186
-0.09%$24.45
6.73%$0.083662
5.12%$0.00003415
-1.46%$108.04
0.01%$0.09861
22.20%$2.24
2.47%$0.0226238
5.77%$0.654936
12.16%$0.02110603
3.28%
Blockchain payments firm Ripple has been granted an in-principle approval on its license application by the Monetary Authority of Singapore (MAS), in a move the company said deepened its commitment in the Asia-Pacific region.
The preliminary approval of the Major Payments Institution License application will give Ripple the ability to offer regulated digital payment token products and services in the republic, the company said in a press release on Tuesday.
“Singapore is a leading global financial center, and a prominent gateway to business in Asia Pacific,” said Ripple’s CEO Brad Garlinghouse. “We’re incredibly proud to receive an in-principle license from the MAS, reaffirming our commitment to the region and ongoing proactive engagement with regulators globally.”
We’re honored to obtain In-Principle Approval of a Major Payments Institution License from the @MAS_sg – allowing us to offer regulated digital asset products and services, and scale customer use of #ODL. 🇸🇬
Learn more: https://t.co/8Ylc3lZSeg
— Ripple (@Ripple) June 22, 2023
Ripple has operated its Asia-Pacific headquarters out of Singapore since 2017. In a separate post on the company’s website, Ripple said its payments solution had experienced massive growth in 2022, and that it had doubled the headcount at the Singapore office as a result.
The firm is the latest in a recent string of crypto companies to have obtained the license, with Circle and Crypto.com both receiving approval earlier this month.
But the number of businesses which have received the nod to operate digital payment token services in Singapore still stands at fewer than 20.
At the same time as it embraces more crypto businesses, the MAS is moving forward with its own plans for a programmable digital money. In a whitepaper published on Wednesday, the regulator set out more details of how its idea for Purpose Bound Money (PBM) would work, enabling senders of digital money to specify conditions when making transfers across different systems.
Garlinghouse praised the authority on Thursday, saying it was “a global leader in establishing clear rules of the road to recognise the innovation and real-world utility of digital assets”.
Stu Alderoty, Ripple’s chief legal officer, said that Singapore’s “early leadership” had set an example for other countries in how to regulate crypto.
