“We’re happy that Singapore has taken a forward-looking method to the way to regulate digital belongings,” Stu Alderoty, Chief Authorized Officer of Ripple, stated in an interview with CoinDesk. “With their licensing framework, they’ve discovered the way to create a transparent taxonomy for digital belongings, balancing the necessity to shield shoppers’ pursuits and the necessity to shield the integrity of the markets, whereas doing so in a method that promotes innovation and funding.”
