Ripple Scores Major Win As MAS Supercharges Its Singapore License
Ripple has secured a significant regulatory boost in Asia Pacific, after the Monetary Authority of Singapore (MAS) approved an expanded scope of payment activities for the Major Payment Institution (MPI) license held by its local subsidiary, Ripple Markets APAC Pte. Ltd. Announced on December 1, the decision allows the company to broaden the range of […]
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KuCoin has secured a Markets in Crypto-Assets (MiCA) license in Austria, a move that expands its regulated presence across the European Union. Related Reading: Ripple Scores Major Win As MAS Supercharges Its Singapore License The approval, granted to its local entity KuCoin EU Exchange GmbH, allows the platform to offer digital asset services in 29 […]
Bitcoin (BTC) faced renewed selling pressure on Monday, dropping to around $86,000 after a series of liquidation events erased hundreds of millions of dollars in leveraged positions. Related Reading: Ripple Scores Major Win As MAS Supercharges Its Singapore License The decline deepened over the weekend, pushing BTC briefly under $85,500 amid broader risk-off sentiment and […]
Amid global expansion moves, Coinbase announced on October 1 that it secured a new Major Payment Institution (MPI) license in Singapore. This license will enable it to expand its digital asset payment services to Singapore’s retail and institutional customers. The MPI license comes one year after Coinbase obtained an in-principle approval from Singapore’s Monetary Authority […]
Certain events have been touted as being able to impact the XRP price significantly. Some of these events already seem to be happening, raising the hopes of the XRP community that the token could indeed hit $1 before the year runs out. Ripple Expands To Singapore In a statement released on October 3, Ripple announced that its subsidiary had secured a Major Payments Institution (MPI) license from the Monetary Authority of Singapore (MAS). This announcement comes four months after the company received its in-principle approval from the regulator. Related Reading: XRP Price Disappoints:....
XRP finds itself at a critical juncture as it grapples with a formidable resistance level at $0.54. The recent surge in XRP’s price has propelled it into this crucial resistance range, where it has made three unsuccessful attempts to breach in the past seven days. This repeated testing of the $0.54 mark underscores its significance as a formidable barrier for XRP. Despite these challenges, a price analysis suggests that XRP retains the potential to attract strong demand if certain conditions align in its favor. Over the last three weeks, there has been noticeable accumulation of XRP,....