Singapore’s Financial Regulator Releases Stablecoin Regulatory Framework

Following a public consultation last year, the Monetary Authority of Singapore (MAS) has launched the regulatory framework for stablecoins in the country. According to the recent MAS framework, stablecoin issuers must have a minimum capital of 1 million Singapore dollars, equivalent to $740,000, an…

By Steve Kornacki · Updated Aug 16, 2023