MAS Announces Requirements For Issuer Recognition as MAS-Regulated Stablecoin

Following feedback from its October 2022 public consultation, the Monetary Authority of Singapore (MAS) has announced the features of a new regulatory framework. It will target stablecoin value in Singapore.  MAS’ stablecoin regulatory framework will apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar or any G10 currency, that are issued in Singapore. Stablecoins […]