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Home News 24/7 Cryptocurrency News

Singapore Unveils New Regulatory Framework for Single-Currency Stablecoins

news by news
August 15, 2023
in 24/7 Cryptocurrency News, Monetary Authority of Singapore, Regulation News, Singapore crypto, Singapore Regulator, Stablecoin News, Stablecoins Regulations
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On Tuesday, August 15, the Monetary Authority of Singapore (MAS), the country’s central bank, released a new regulatory framework in order to boost the stability of single-currency stablecoins. MAS said that the framework will be applicable to the non-bank issuers of single-currency stablecoins pegged to the Singapore Dollar or any fiat of the G10 countries,

The post Singapore Unveils New Regulatory Framework for Single-Currency Stablecoins appeared first on CoinGape.

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