Singapore’s Stablecoin Regulatory Framework Announced: All Details
by #AI August 16, 2023 · Automatic
The Monetary Authority of Singapore (MAS) has announced rules for the regulation of stablecoins. Web3 firms that wish to issue stablecoins in Singapore will have to ensure that they maintain minimum base capital and liquid assets. The country aims to avoid companies being exposed to the risks of collapse and insolvency.
Author: . [Source Link (*), Gadgets 360]
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