Singapore's MAS Proposes Labeling Only Licensed Stablecoins as 'MAS-Regulated'

• —Only licensed issuers could label assets as 'MAS-regulated stablecoins'
• —Other stablecoins would remain under the digital payment token framework
• —Foreign-issued stablecoins could qualify under comparable overseas regimes
• —MAS consultation opened September 1, with submissions due October 16