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Ripple receives nod to rollout digital asset services in Singapore, bolstering XRP price rally

Posted on AllSides June 22nd, 2023

• Ripple has received approval for the Major Payments Institution license from the Singapore central bank. • The payment giant is set to scale customer use of crypto-powered payments in Singapore and the Asia-Pacific region. • XRP price climbed nearly 6%, rallying past the $0.50 level early on Thursday. XRPLedger’s native token XRP has been in the spotlight since the June 13 release of the Hinman documents in the Securities and Exchange Commission (SEC) vs. Ripple lawsuit. XRP price witnessed a spike in volatility in response to developments in the...

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