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Stablecoin Issuer Circle Receives Digital Token License in Singapore

The issuer of USDC received in-principle approval in November last year.

By Lavender Au|Edited by Parikshit Mishra
Updated Jun 7, 2023, 7:33 p.m. Published Jun 7, 2023, 7:16 a.m.
The MAS proposed stablecoin rules last year which set capital and reserve requirements for issuers. (Sandali Handagama/ CoinDesk)
The MAS proposed stablecoin rules last year which set capital and reserve requirements for issuers. (Sandali Handagama/ CoinDesk)