Singaporean financial watchdog to consult public on stablecoin regulation

The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins. Current guidelines focus on know-your-customer and anti-money laundering (KYC/AML) issues and do not reflect the specific risks to which the stablecoins are entitled.  On August 1, the MAS official portal published a written response by …

Singaporean financial watchdog to consult public on stablecoin regulation Read More »