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Singapore's Central Bank to Consult Public on Stablecoin Regulations

The MAS is reviewing rules to deal with the risks of stablecoins, the minister in charge of the bank said.

Updated May 11, 2023, 4:58 p.m. Published Aug 2, 2022, 12:27 p.m.
Tharman Shanmugaratnam, minister in charge of the Monetary Authority of Singapore says the central bank is assessing stablecoin regulations. (Handout/Getty Images)
Tharman Shanmugaratnam, minister in charge of the Monetary Authority of Singapore says the central bank is assessing stablecoin regulations. (Handout/Getty Images)