Paxos to issue USD stablecoin in Singapore, wins initial approval Post author:MiamiCrypto Post published:November 16, 2023 Post category:License / MAS / Monetary Authority of Singapore / paxos / Singapore / Stablecoin / US Dollar / USD The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval. You Might Also Like SEC Crypto Task Force Calls on Investors to Help Shape Post-GENIUS Act Policy July 19, 2025 EU Considers Sanctions on Ruble-Backed Stablecoin A7A5 Linked to Sanctioned Russian Actors October 7, 2025 Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield May 21, 2024
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