Singapore Suggests Full Reserve Backing and Prohibits Yield Generation for Stablecoin Providers
Singapore’s Monetary Authority (MAS) is moving to tighten the regulatory environment for stablecoins, a class of digital assets that aim to maintain a stable value by being pegged to a fiat currency or other low‑volatility asset. In a recent consultation paper, MAS outlined two core requirements that would reshape how stablecoin issuers operate within the city‑state: first, every stablecoin must …
Sept. 1, 2026, 10:35 a.m.