The Monetary Authority of Singapore is reevaluating its stance on cross-border stablecoins, potentially expanding its regulatory scope.
The Monetary Authority of Singapore (MAS) is currently assessing the possibility of incorporating jointly issued cross-border stablecoins into its regulatory framework. This marks a notable shift from its earlier position, which limited the framework to stablecoins issued domestically.
Reporting based on public statements, filings, and reporting gathered from multiple sources.
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