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Singapore central bank says three business days is ‘timely transfer’ for stablecoins

Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period of five business days despite some arguing that it should be done in real time.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Singapore central bank says three business days is ‘timely transfer’ for stablecoins

Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period of five business days despite some arguing that it should be done in real time.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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