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<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/crypto-live-news/singapore-central-bank-introduces-a-regulatory-framework-for-stablecoins/">Singapore Central Bank Introduces a Regulatory Framework for Stablecoins!</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Singapore’s central bank, the Monetary Authority of Singapore (MAS), has introduced a new regulatory framework for stablecoins, digital tokens pegged to a single currency. Under the new rules, stablecoin issuers must comply with anti-money laundering and counter-terrorism financing laws, put consumer protection measures in place, and be licensed to operate in Singapore. The MAS said the move would ensure regulatory clarity and reduce risks to consumers. Stablecoin issuers can opt to apply for a license or operate unlicensed, but they will not be allowed to offer their tokens in Singapore. Other countries, like the US and EU, have also introduced regulatory frameworks for stablecoins.</p>

Singapore Central Bank Introduces a Regulatory Framework for Stablecoins!

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