TREE NEWS update: The Monetary Authority of Singapore (MAS) has initiated a public consultation on its proposed stablecoin regulatory framework, aiming to ensure that stablecoins are well-regulated and support the development of a vibrant digital asset ecosystem. The framework includes requirements for reserve backing, redemption, and governance, and is part of Singapore’s broader efforts to position itself as a leading hub for digital assets.
MAS Launches Public Consultation on Stablecoin Regulation
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