CoinsValue.net logo CoinsValue.net logo
tri-able
coinpedia 2023-08-15 06:42:19

Singapore Central Bank Introduces a Regulatory Framework for Stablecoins!

The post Singapore Central Bank Introduces a Regulatory Framework for Stablecoins! appeared first on Coinpedia Fintech News Singapore’s central bank, the Monetary Authority of Singapore (MAS), has introduced a new regulatory framework for stablecoins, digital tokens pegged to a single currency. Under the new rules, stablecoin issuers must comply with anti-money laundering and counter-terrorism financing laws, put consumer protection measures in place, and be licensed to operate in Singapore. The MAS said …

Read the Disclaimer : Coinsvalue.net