Paxos and StraitsX get in-principle approvals from the Monetary Authority of Singapore to issue USD-backed stablecoins (Suvashree Ghosh/Bloomberg)

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Suvashree Ghosh / Bloomberg:

Paxos and StraitsX get in-principle approvals from the Monetary Authority of Singapore to issue USD-backed stablecoins  —  – City-state issues in-principle licenses to stablecoin firms  — Japan and Hong Kong also aim to attract such businesses  —  Singapore awarded a batch …



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