PolicyPal Network ICO complies with all rules, says founder

Singapore

POLICYPAL Singapore, the first to graduate from the Monetary Authority of Singapore (MAS) fintech regulatory sandbox, has denied an allegation of illegal fundraising on the part of affiliate PolicyPal Network (PPN).

The founder of both companies, Val Yap, told The Business Times that she wanted to clarify the statements that had appeared online regarding the recent initial coin offering (ICO) by PolicyPal Network.