MAS: agrees to prioritise cooperation with UK in crypto-asset and stablecoin regulation

11/25 14:52

The Monetary Authority of Singapore and HM Treasury today issued a joint message agreeing to prioritise further cooperation in areas such as crypto assets, with both countries sharing their latest assessments of market developments, opportunities, trends and long-term expectations for the crypto asset industry, financial stability, risks and challenges related to regulatory arbitrage, and progress in Progress in strengthening consumer protection regulations and stablecoin regulation has resulted in a strong consensus on the need to support the safe development of the digital asset ecosystem while ensuring that the risks posed by digital assets are continuously managed.

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