In today’s briefing:
- Singapore Emerges as the Stablecoin Safehouse
Singapore Emerges as the Stablecoin Safehouse
- Singapore has emerged as one of the earliest jurisdictions to establish a comprehensive regulatory regime for fiat-referenced stablecoins.
- The Monetary Authority of Singapore (MAS) has adopted the Single-Currency Stablecoin (SCS) Framework.
- The adoption is mainly in institutional trials and crypto-native payment flows, but the potential is immense.
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