The Monetary Authority of Singapore warns that unregulated stablecoins will pose systemic risks
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.
Предупреждение о рисках Предупреждение о рисках
