Bergusan Posted May 23, 2018 Share Posted May 23, 2018 (edited) http://www.mas.gov.sg/~/media/MAS/News and Publications/Consultation Papers/2018 May 22 RMO 3P/Consultation Paper on RMO Regime.pdf Found this PDF online regarding proposed framework for regulating decentralized exchange in singapore. Still looking through it in detail but what it boils down to is it will be easier for market maker and exchange of different sizes to get their license in singapore easier. So far looks like a positive note given ripple is setting up a regional office in singapore to serve south east Asia. Though the call for comment will only close end of June so proper regulation most likely won’t set in till Q4 and the effects will likely be felt only in 2019. Edited May 23, 2018 by Bergusan Update with screenshot XRPablo, Kiir, Talinos and 6 others 4 5 Link to comment Share on other sites More sharing options...
GiddyUp Posted May 23, 2018 Share Posted May 23, 2018 Cue the mass movement of serious cryptocurrency businesses to Singapore... I wonder how long Ripple is going to wait for the U.S. to get off the stick? Link to comment Share on other sites More sharing options...
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