Singapore releases new stablecoin regulatory framework

The Monetary Authority of Singapore (MAS) has announced a regulatory framework that seeks to find value and stability in stablecoins.  The framework will apply single-currency stablecoins (SCS) pegged to the Singapore Dollar or any other G10 currency that are issued in the country.  Issuers of stablecoins will now have to abide by the following set … Continue reading Singapore releases new stablecoin regulatory framework