Ripple’s partner, the UnionBank of the Philippines, has received regulatory approval to fully operate a crypto asset business. According to a local report, the bank received a license from the Bangko Sentral ng Pilipinas early this week to function as a virtual asset service provider (VASP). Crypto Eri, a notable figure in the XRP community, The post Ripple Partner UnionBank Becomes First Philippine Bank to Receive Full VASP License first appeared on The Crypto Basic .