Cryptocurrency Q&A
Is xusd compliant with Singapore's upcoming stablecoin regulatory framework?
Is xusd compliant with Singapore's upcoming stablecoin regulatory framework?
Lorenzo
Wed Jan 15 2025
|
7 answers
1519
XUSD is a stablecoin claiming to be compliant with regulatory standards. With Singapore's upcoming stablecoin regulatory framework, there's a need to verify if XUSD indeed meets these new regulations, especially regarding capital requirements, reserve asset management, and disclosure obligations.
7 answers
Federico
Fri Jan 17 2025
The Monetary Authority of Singapore (MAS) has granted recognition to XUSD.
Was this helpful?
61
82
ThunderBreezeHarmony
Fri Jan 17 2025
This acknowledgment signifies that XUSD meets the upcoming stablecoin regulatory standards in Singapore.
Was this helpful?
288
27
InfinityEcho
Thu Jan 16 2025
By adhering to these regulations, XUSD is assured of operating legally within the country's borders.
Was this helpful?
269
33
CryptoWizard
Thu Jan 16 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services.
Was this helpful?
360
91
Chiara
Thu Jan 16 2025
Compliance with MAS's guidelines offers users of XUSD a heightened sense of trust.
Was this helpful?
220
48
Load 5 more related questions
