#数字资产市场观察 The Singapore financial regulatory authority has just approved Ripple's application for the expansion of its payment business, allowing it to expand its operational scope under the major payment institution license framework.

This message is a good signal for $XRP holders. As more traditional financial centers recognize Ripple's compliance, the imagination space for cross-border payments has opened up another layer. The license under the strict regulatory environment in Singapore is quite valuable.

But to be honest, whether the short-term price can take off still depends on the overall market sentiment. In the long run, obtaining such licenses is indeed paving the way for payment applications, and it also serves as a reference signal for other projects in the crypto payment sector—compliance is the necessary path to mainstream adoption.