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