Singapore Moves Closer to Dedicated Stablecoin Regulation

Singapore is moving closer to regulating stablecoin issuers under a dedicated framework. The Monetary Authority of Singapore (MAS) is seeking feedback on changes to the Payment Services Act 2019. These would establish the requirements issuers must meet to qualify as MAS-regulated stablecoin issuers. Who Can Use the MAS Stablecoin Label Only issuers licensed under the [...] The post Singapore Moves Closer to Dedicated Stablecoin Regulation appeared first on Fintech Singapore.