.Ripple gains crucial in-principle approval from MAS to offer regulated digital payment token services in Singapore
in-principle approval from the Monetary Authority of Singapore . The license lets the controversial company offer regulated digital payment token services.
In a tweet, Ripple CEO Brad Garlinghouse has expressed satisfaction with this development, noting it as a reiteration of Ripple's commitment to the region and its proactive engagement with regulators on a global scale. The announcement comes during Ripple's ongoing legal dispute with the U.S. Securities and Exchange Commission .
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