Singapore introduces regulations for single-currency stablecoins

Singapore introduces regulations for single-currency stablecoins
фото показано с : btcmanager.com

2023-8-15 17:46

Singapore’s Monetary Authority (MAS) has rolled out a regulatory framework for single-currency stablecoins linked to the Singapore Dollar or other G10 fiat currencies.  With this new setup, any token with a circulation value over S$5 million will earn the MAS-regulated…

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singapore single-currency stablecoins setup any new currencies

Источник: btcmanager.com

singapore single-currency → Результатов: 3


Singapore monetary authority releases regulatory framework for G10-pegged stablecoins

The Monetary Authority of Singapore (MAS) announced a regulatory framework for single-currency stablecoins (SCS) regulated in the Asian country, according to an Aug. 15 statement. The financial regulator stated that the regulations would apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar (S$) or any G10 currency whose circulation surpasses S$5 million.

2023-8-15 11:03


Фото:

Singapore introduces visionary regulatory framework to boost stablecoins’ stability

The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new regulations would apply to issuers of single-currency stablecoins tied to the Singapore Dollar or fiat of G10 nations, with circulation surpassing $5 million.

2023-8-15 11:02


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