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EconomySingapore proposes full reserves and yield ban for stablecoin issuers

Singapore’s financial watchdog has proposed rules requiring stablecoin issuers to hold 100% reserves and banning them from offering yields. It says the framework aligns with U.S. and EU rules and could enable recognition of foreign stablecoins.

Singaporestablecoinscrypto regulation

CCoinDesk★★★☆☆2026-09-01 10:35Original

Singapore proposes full reserves and yield ban for stablecoin issuers
Singapore proposes full reserves and yield ban for stablecoin issuersEconomy