Coinbase Is Talking With Canadian Banking Giants to Promote Crypto

U.S.-based crypto exchange Coinbase is in talks with Canadian banking giants, trying to convince them to support the crypto ecosystem in that nation, which the company recently entered as it grapples with regulatory uncertainty in its home country.

Singapore’s Central Bank Releases Stablecoin Regulatory Framework

The central bank’s framework will apply to single-currency stablecoins pegged to the Singaporean dollar or any G10 currency. Issuers of such stablecoins seeking regulation in Singapore must meet certain requirements related to value stability, capital and redemption capitals. The Monetary Authority of Singapore (MAS) has unveiled its framework for regulating stablecoins following a public consultation […]