#美联储恢复降息进程 The Monetary Authority of Singapore has just approved a major move - Ripple has obtained the business expansion license for a major payment institution. What does this mean? Simply put, it means that the cross-border payment scenario for $XRP has secured another foothold in Southeast Asia.

It is well known that Singapore has strict licensing requirements, and this approval indicates that the regulatory authorities recognize Ripple's compliance capabilities. This is a good signal for the entire crypto payment sector – the traditional financial system is opening more doors for blockchain payment solutions. How will the market react? It is estimated that XRP holders will be smiling in the short term.

XRP-4.14%

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FlashLoanLord

· 15h ago

Singapore is definitely being tough with this move; the regulators aren't messing around... XRP has finally gained official recognition this time. How much of the Southeast Asian payments market it can grab still depends on what happens next.

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RugpullSurvivor

· 16h ago

Damn, with Singapore giving the green light, can XRP make a comeback? Finally some mainstream recognition.

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OnchainUndercover

· 12-03 07:29

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P2ENotWorking

· 12-01 11:36

The fact that Singapore has approved this matter is actually not as big as imagined; XRP should have had this treatment long ago, and the delay in action shows that TradFi is really getting old.

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ChainDetective

· 12-01 11:25

With Singapore's approval, XRP is really about to To da moon, and there are finally regular forces in Southeast Asia's payment sector.

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GovernancePretender

· 12-01 11:22

This move by Singapore is indeed ruthless; allowing a heavily regulated area means that recognition has increased. XRP's strategy for Southeast Asia is still clear.

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LayerHopper

· 12-01 11:14

XRP is really stable this time, even Singapore has nodded, so we've basically passed the regulatory hurdle.

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Fren_Not_Food

· 12-01 11:11

Singapore played this hand well; it seems that the story of XRP can be told for a while again.

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