Singapore central bank unveils regulatory framework, bringing clarity to stablecoins

Singapore’s central bank has announced its revised regulatory framework, whose primary objective is ensuring the stability of single-currency stablecoins that fall under the jurisdiction of the city-state. Unveiled on August 15th by the Monetary Authority of Singapore, this framework is designed to oversee single-currency stablecoins (SCS) linked to the valuation of either the Singapore dollar ... Read more