Singapore’s financial regulator is preparing new rules for stablecoins and expanding CBDC trials. MAS managing director emphasized the need for proper supervision. Regulated stablecoins offer value stability. MAS finalized stablecoin regulatory features and will draft legislation soon. Singapore’s approach to digital finance regulation balances standards with industry-led pilots. Project Guardian tested tokenization since 2022. Tokenized bonds and money market funds are traded on-chain. MAS will publish a guide on tokenization of capital markets products. Chia emphasized progress depends on demonstrating value and stability. Adrian Wall praised MAS’s balanced regulation. He urged for more access for smaller innovators. MAS is positioned as a reliable bridge between fiat and digital assets. MAS aims for clear standards and controlled experimentation. The industry can benefit from MAS pushing further. Payawal called for faster approvals and clearer guidance. She emphasized the need for coordination across international regulators. MAS needs to turn pilots into live, industry-wide implementations for global influence and leadership.

Read more at Yahoo Finance: Singapore to Roll Out Stablecoin Regulations, Expand CBDC Trials