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π The Monetary Authority of Singapore has finalized the regulatory framework for stablecoins and issuers must comply with a variety of requirements such as βdisclosureβ. mas.gov.sg
πΈπ¬ #XIDR #USDC #DUS Stablecoin issuers Circle, StraitsX and DCS Card Center are looking into finalizing Singapore's stablecoin structure. Circle and StraitsX are licensed by MPI, and DCS is regulated by the Banking Act.
Straitstimes.com
Straitstimes.com