Paxos Wins Approval From Singapore To Issue Stablecoins

Paxos secures Singapore’s approval to issue stablecoins, boosting its global cryptocurrency operations and partnership with DBS Bank. Paxos Digital Singapore Pte. LTD. has gained approval from Singapore’s central bank to offer digital payment token services. This authorization enables Paxos to issue stablecoins that comply with Singapore’s regulatory standards. Paxos is now among 19 entities with

Source: Bitcoin World