The Monetary Authority of Singapore warns that unregulated stablecoins will pose systemic risks
Nov 13, 2025 20:25:46
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The Monetary Authority of Singapore stated that only fully regulated and reserve-backed stablecoins can be used as settlement assets, while unregulated stablecoins have a mixed record in maintaining their peg. In addition, Singapore is preparing legislation and expanding the pilot scope of central bank digital currency.
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