Sat. Jan 11th, 2025

Yogita Khatri / The Block:

Paxos gets in-principle approval from the Monetary Authority of Singapore to issue a USD-backed stablecoin; Paxos claims it is the only company to get approval  —  – Paxos has created a Singaporean entity for launching a new USD-backed stablecoin in the country.  — Paxos Digital Singapore Pte.

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The post Paxos gets in-principle approval from the Monetary Authority of Singapore to issue a USD-backed stablecoin; Paxos claims it is the only company to get approval (Yogita Khatri/The Block) appeared first on WorldNewsEra.

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