Singapore proposes 100% reserves and a ban on yields for stablecoin issuers

Singapore proposes 100% reserves and a ban on yields for stablecoin issuers

The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition of foreign stablecoin.

Original Source

Read the full article at Coindesk →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.