(CNBC) Blockchain company Ripple said Thursday it received in-principle regulatory approval to operate in Singapore, in a rare moment of good news for the cryptocurrency industry globally as it faces tightening policy back home in the United States. Ripple said that it was granted in-principle approval of a Major Payment Institution License from the Monetary Authority of Singapore, the country’s central bank.
Crypto firm Ripple gets in-principle payments license in Singapore
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