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Singapore Unveils New Regulatory Framework for Single-Currency Stablecoins
Aug 15, 2023
< 1 min read
by Coingape
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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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