Summary: The Monetary Authority of Singapore (MAS) published two consultation papers with proposed cryptocurrency regulations geared toward mitigating trading risks and providing efficient oversight for locally issued stablecoins. Singapore’s central bank wants the public to provide feedback on the measures up until December 21, 2022. Wednesday’s announcement comes as the latest effort from authorities to regulate digital assets after a massive downturn in the crypto market after Terra collapsed and companies tumbled from the ripple effects. Singapore’s central bank and […]
