This demonstrates how blockchain and tokenisation will transform traditional financial market structures.
The partnership, AllUnity, will be regulated by BaFin, Germany's financial supervisory authority.
The proposals cover any payment systems in the future that use stablecoins in the UK at systemic scale.
MAS’ framework will apply to single-currency stablecoins issued in Singapore.
Stablecoins built under banking-grade structure will be key to increasing trust and confidence.
Each state has a different regulatory framework for stablecoins.
The SPAC, led by Bob Diamond, was due to take the stablecoin issuer public.
The enhanced regime for stablecoins aims to support value-adding payment use cases in Singapore.
Regulators should take steps that unleash the power of private markets while protecting investors.
