Top banking groups urge OCC to delay Ripple, Circle trust bank approvals
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最新报道：Ripple and Circle are among the first crypto firms to receive approval for their trust bank applications in Singapore, marking a significant step in regulatory recognition for digital asset firms. The Monetary Authority of Singapore (MAS) granted in-principle approval to Ripple's Asia-Pacific subsidiary and Circle's local entity, allowing them to offer regulated digital payment token services. This move aligns with Singapore's push to establish itself as a global crypto hub while maintaining strict compliance standards. Both companies emphasized their commitment to working within regulatory frameworks to foster innovation and trust in the digital asset ecosystem. The approvals signal growing institutional acceptance of crypto services in key financial markets.
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