Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
HKMA Pilot Lets Banks Settle Tokenized Deposits Nights and Weekends in Central Bank Money
Banks in Hong Kong can now settle tokenized deposit transactions with one another 24 hours a day, seven days a week, using tokeniz...
Bhutan’s Gelephu Central Bank cleared to hold crypto in its reserves
Bhutan's move to allow crypto in central bank reserves could enhance its financial hub status, attracting global crypto firms and...
Tether Says It Froze More Than $1.5B Linked to the Binance Theft
TL;DR: Tether said on November 2 that it froze more than $1.5 billion in USDT linked to the late-October Binance attack, working w...
Hong Kong bank pilot opens 24/7 cash settlement for tokenized fund deals
Participating institutions can settle tokenized deposit transactions in central bank money beyond conventional hours, supporting t...
Standard Chartered’s Geoff Kendrick forecasts 50x growth in non-stablecoin onchain assets
The projected growth in non-stablecoin onchain assets could significantly boost DeFi infrastructure, contingent on regulatory clar...
Broadridge Signs On to Run Shareholder Votes for NYSE’s Planned Tokenized Stocks
Broadridge Financial Solutions, which runs the ProxyVote shareholder voting platform, will provide onchain governance for the New...