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