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Singaporean financial watchdog to consult public on stablecoin regulation

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cointelegraph.com

The Monetary Authority of Singapore (MAS), a city-state’s principal financial regulator, assesses the merits of a regulatory regime toward stablecoins.

Current guidelines focus on Know Your Customer (KYC) and Anti-Money Laundering (AML) issues and do not reflect the specific risks to which the stablecoins are entitled.

Read more on cointelegraph.com
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