Ripple’s CLO Hails Singapore’s ‘Clear Taxonomy’ on Crypto Regulation

Stuart Alderoty, the chief legal officer (CLO) of American payments firm Ripple Labs Inc, has shared his take on the firm’s new payment license tapped from the Monetary Authority of Singapore (MAS). Taking to his official Twitter account, Alderoty hailed the disposition of the MAS as it concerns the regulation of cryptocurrencies.