Regulation

Singapore, known for its progressive stance on fintech and digital currencies, has always been at the forefront of financial innovation. Recognizing the growing importance and adoption of stablecoins in the global financial ecosystem, the Monetary Authority of Singapore (MAS) – the nation's central bank and financial regulatory authority – has taken proactive steps to regulate this emerging asset class. What is the Framework? Regulatory frameworks for stablecoins would encompass the following: Definition and Classification: Clearly defining what constitutes a stablecoin…