Singapore is moving stablecoins into law. πΈπ¬ The proposal from MAS creates a dedicated framework for qualifying single currency stablecoins, with requirements around 100% reserve backing. This is where crypto gets interesting as regulated digital money needs blockchain rails. | News | MoonHub
Singapore is moving stablecoins into law. πΈπ¬ The proposal from MAS creates a dedicated framework for qualifying single currency stablecoins, with requirements around 100% reserve backing. This is where crypto gets interesting as regulated digital money needs blockchain rails.
πΊπΈ BIG: Commerce Secretary Howard Lutnick has reportedly stalled efforts to restrict companies suspected of diverting Nvidia AI chips to China, per Axios. Trump authorized a crackdown for the third time this year after consulting Elon Musk, according to the report.