The post XRP And RLUSD Global Glow-Up Continues As Ripple Secures Key Approval To Expand Payment Activities In Singapore ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Ripple has received approval from Singapore’s central bank to expand the scope of its payment activities in the region under its Major Payment Institution license held by its Singapore subsidiary, Ripple Markets APAC. Ripple Secures Major Regulatory Victory In Singapore According to a Monday announcement, the Monetary Authority of Singapore (MAS) greenlighted an expanded scope for Ripple’s Major Payment Institution (MPI) license, a high-level license held by only a few crypto firms worldwide. This expansion allows the blockchain payments firm to widen the reach of its regulated cross-border payments offerings in one of its key global hubs, including via the XRP cryptocurrency and Ripple’s own dollar-pegged stablecoin, RLUSD. Ripple Payments’ system utilizes RLUSD and XRP for international transactions. The service was designed to serve as an on-ramp and off-ramp supporting collection, holding, swapping, and payouts for banks and fintechs. Monica Long, Ripple’s President, said in a statement that the company deeply values “Singapore’s forward-thinking approach,” and the “expanded license strengthens our ability to continue investing in Singapore and to build the infrastructure financial institutions need to move money efficiently, quickly, and safely.” Advertisement &nbsp Asia Pacific Pivotal To Ripple’s Global Business As Ripple notes, Singapore has one of the most advanced digital-asset regulators in the world.  Ripple has been operating in the region since 2017. The San Francisco-based firm was approved for its MPI license in 2023, which permitted it to provide regulated digital payment services in Singapore. This came even when Ripple was embroiled in a high-profile lawsuit back home with the U.S. Securities and Exchange Commission (SEC). With this expanded scope of payment activities in Singapore, Ripple can now fortify its foothold in the Asia-Pacific region, which is poised to become the fastest-growing digital-asset market.  According to Ripple’s Vice President and Managing Director… The post XRP And RLUSD Global Glow-Up Continues As Ripple Secures Key Approval To Expand Payment Activities In Singapore ⋆ ZyCrypto appeared on BitcoinEthereumNews.com. Advertisement &nbsp &nbsp Ripple has received approval from Singapore’s central bank to expand the scope of its payment activities in the region under its Major Payment Institution license held by its Singapore subsidiary, Ripple Markets APAC. Ripple Secures Major Regulatory Victory In Singapore According to a Monday announcement, the Monetary Authority of Singapore (MAS) greenlighted an expanded scope for Ripple’s Major Payment Institution (MPI) license, a high-level license held by only a few crypto firms worldwide. This expansion allows the blockchain payments firm to widen the reach of its regulated cross-border payments offerings in one of its key global hubs, including via the XRP cryptocurrency and Ripple’s own dollar-pegged stablecoin, RLUSD. Ripple Payments’ system utilizes RLUSD and XRP for international transactions. The service was designed to serve as an on-ramp and off-ramp supporting collection, holding, swapping, and payouts for banks and fintechs. Monica Long, Ripple’s President, said in a statement that the company deeply values “Singapore’s forward-thinking approach,” and the “expanded license strengthens our ability to continue investing in Singapore and to build the infrastructure financial institutions need to move money efficiently, quickly, and safely.” Advertisement &nbsp Asia Pacific Pivotal To Ripple’s Global Business As Ripple notes, Singapore has one of the most advanced digital-asset regulators in the world.  Ripple has been operating in the region since 2017. The San Francisco-based firm was approved for its MPI license in 2023, which permitted it to provide regulated digital payment services in Singapore. This came even when Ripple was embroiled in a high-profile lawsuit back home with the U.S. Securities and Exchange Commission (SEC). With this expanded scope of payment activities in Singapore, Ripple can now fortify its foothold in the Asia-Pacific region, which is poised to become the fastest-growing digital-asset market.  According to Ripple’s Vice President and Managing Director…

                                                                               Crypto venture funding was weak in November, with only a few major raises driving totals, as overall deal activity reached one of its lowest points this year.                     Venture capital funding in the cryptocurrency sector remained muted in November, continuing a broader slowdown that has persisted through late 2025. Deal activity was once again concentrated in a small number of large raises by established companies.As Cointelegraph previously reported, the third quarter saw a similar pattern: total funding climbed to $4.65 billion, according to Galaxy Digital, but deal counts lagged as capital flowed primarily to bigger, more mature firms.November reflected the same divergence. Figures from RootData showed only 57 disclosed crypto funding rounds during the month — one of the weakest tallies of the year — despite headline-grabbing raises such as Revolut’s $1 billion round and Kraken’s $800 million raise ahead of its anticipated initial public offering.Read more