Singapore Introduces New Regulatory Framework for Stablecoins!

The post Singapore Introduces New Regulatory Framework for Stablecoins! appeared first on Coinpedia Fintech News

The Monetary Authority of Singapore (MAS) has recently launched a new regulatory framework for stablecoins in the country. The framework aims to promote strong value stability of these digital assets, and it applies to all issuers, blockchain platforms and intermediaries dealing with Singapore dollar-backed stablecoins. It also sets out the requirements for these entities to …