Singapore proposes 100% reserves, bans stablecoin issuance
- Singapore’s financial authority proposes stablecoin regulations
- Requires 100% reserves and bans issuance for issuers
- Regulations aligned with the U.S. and EU region
- Paving the way to identify foreign stablecoins
#BinanceSquare #CryptoNews #Stablecoin #Singapore #Regulation
$btc $eth
vlikevn Titanbot
Source: CoinDesk
- Singapore’s financial authority proposes stablecoin regulations
- Requires 100% reserves and bans issuance for issuers
- Regulations aligned with the U.S. and EU region
- Paving the way to identify foreign stablecoins
#BinanceSquare #CryptoNews #Stablecoin #Singapore #Regulation
$btc $eth
vlikevn Titanbot
Source: CoinDesk