Monetary Authority of Singapore Seeks Input from Ripple on Stablecoin Rules for Enhanced Market Stability

MAS seeks Ripple’s feedback before concluding new stablecoins regulations to ensure value stability. The Singaporean regulatory authority recently unveiled the details of its new regulation targeted at the value stability of stablecoins. Building up to this point, the Monetary Authority of Singapore (MAS) sought inputs from 39 prominent firms. The questionnaire respondents included blockchain-based businesses The post Monetary Authority of Singapore Seeks Input from Ripple on Stablecoin Rules for Enhanced Market Stability first appeared on The Crypto Basic .