Singapore's Central Bank Releases Stablecoin Regulatory Framework
Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request. Original Source
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Singapore's Central Bank to Consult Public on Stablecoin Regulations
The MAS is reviewing a regulatory regime targeting risks involving stablecoins, the minister in charge of the bank said. Source
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Singapore's Central Bank Weighs Further Safeguards on Retail Crypto Trading
The Monetary Authority of Singapore (MAS) is considering introducing further safeguards on access to crypto among the general public, a senior government minister said. Source
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Industry Associations, Regulator Give Some Clarity on Singapore's Crypto Ad Rules: Report
Advertising to retail investors will be disallowed, as Singapore limits crypto trading to professional investors. Original Source
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First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday
Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%. Original Source
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First Mover Asia: Singapore's Strict Approach to Crypto; Bitcoin Rises Despite Investors' Jitters About War, US Executive Order
Singapore's high standards may be discouraging some crypto companies from establishing operations in the nation state; investors were wrestling with the latest developments in Ukraine and await the order by President Joe Biden on Wednesday. Original Source
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Crypto Trading Volume Revs Up at Singapore's DBS Bank
DBS Digital Exchange saw its – albeit modest – trading volume in Q4 2021 grow to $595.5 million, more than double the preceding three quarters. Source
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