Pro-XRP Lawyer Comments on Ripple's In-Principle Approval in Singapore and Lack of Price Reaction

06/23 06:55

June 23 (Huobi) - Pro-XRP lawyer John E. Deaton has commented on Ripple's recent In-Principle approval from the Monetary Authority of Singapore (MAS), stating that the news is significant given that fewer than 20 companies have received such a license. However, Deaton noted that the price of XRP did not react to the news, despite the fact that it will be utilized as part of Ripple's license.
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