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Singapore proposes 100% reserves and a ban on yields for stablecoin issuers

The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition of foreign stablecoin.

Singapore proposes 100% reserves and a ban on yields for stablecoin issuers

We haven't written up this one. CoinDesk has the full story — the link below goes straight to it.

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