The Monetary Authority of Singapore Has Finalized the Regulatory Framework for Stablecoins, and Issuers Need To Meet Requirements Such As Information Disclosure
08/15 06:01
Singapore's Monetary Authority (MAS) announced on its official website that it has finalized the regulatory framework for stablecoins. MAS's stablecoin regulatory framework will apply to single-currency stablecoins (SCS) pegged to the Singapore dollar or any G10 currency. The issuer of such SCS must meet the following key requirements:
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