MAS proposes to regulate jointly issued stablecoins under new framework
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🚨 MAS proposes new rules to regulate jointly issued stablecoins in Singapore.
💡 Under these plans, stablecoins involving both local and foreign issuers may qualify as “MAS-regulated.”
🌐 Additional measures include bans on interest and new consumer protection rules.
🚀 The shift aligns with the rise of tokenized assets and direct Web3 market access beyond $BTC.
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7h ago•
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