“We’re happy that Singapore has taken a forward-looking strategy to methods to regulate digital property,” Stu Alderoty, Chief Authorized Officer of Ripple, mentioned in an interview with CoinDesk. “With their licensing framework, they’ve found out methods to create a transparent taxonomy for digital property, balancing the necessity to defend shoppers’ pursuits and the necessity to defend the integrity of the markets, whereas doing so in a means that promotes innovation and funding.”
