Singapore: Published Regulatory Framework for Stablecoin Issuers
Description
Published Regulatory Framework for Stablecoin Issuers
On 15 August 2023, The Monetary Authority of Singapore (MAS) made public the features of the regulatory framework for stablecoins which will apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar or any G10 currency issued within …
Scope
Policy Area
Other operating conditions
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank
Complete timeline of this policy change
Hide details
2022-10-26
in consultation
2022-12-21
processing consultation