Singapore central bank says three business days is ‘timely transfer’ for stablecoins

by Aurelia Butler 15 August 2023, 10:40 189 Views

On Aug. 15, the Monetary Authority of Singapore (MAS) released its regulatory framework for stablecoins in the city-state. In the newly-published guidelines, the financial regulator highlighted that it would consider three business days as a timely transfer for SCS despite some feedback calling for a shorter time frame.

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Source: Cryptocurrency - investing.com

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Singapore central bank says three business days is ‘timely transfer’ for stablecoins

Explainer-How much worse can China’s economic slowdown get?

Global wealth projected to rise 38% by 2027, despite recent decline – study

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