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CryptoBreakingNews

Singapore Considers Rule Changes for Select Foreign-Issued Stablecoins


The Monetary Authority of Singapore (MAS) has moved to revisit a key element of its stablecoin regime, proposing changes that would allow some stablecoins connected to multiple jurisdictions to fall under...
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AirdropLine
· 2 hours ago
Singapore's monetary authority has finally relented. Cross-border stablecoin regulation is too complex to tackle in one go, so handling it in tiers is a smart move.
View OriginalReply0
LayerZeroApostle
· 3 hours ago
How are multi-currency-pegged stablecoins calculated? Details of Singapore’s amendment bill have yet to be released, so it’s best to wait and see.
View OriginalReply0
FloorArtist
· 3 hours ago
Allowing some multi-jurisdictional stablecoins into the framework, Singapore presumably wants to retain Asia’s crypto-hub status.
View OriginalReply0
NinjaScalper
· 3 hours ago
Stablecoin regulation is still a process of feeling its way forward globally, and MAS’s latest revision can be seen as keeping pace with the industry’s complexity.
View OriginalReply0
LeverageBalancer
· 4 hours ago
MAS's move is quite pragmatic: a one-size-fits-all stablecoin approach across jurisdictions is too rigid; flexibility is better.
View OriginalReply0

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