Paxos Obtains In Principle Approval from MAS for New Entity, Will Issue USD-Backed Stablecoin in Singapore
Paxos, the regulated blockchain & tokenization infrastructure platform, secured in principle approval (IPA) from the Monetary Authority of Singapore (MAS) for its new Singapore entity, Paxos Digital Singapore Pte. Ltd. to offer digital payment token services. Paxos Digital Singapore will issue “a new US dollar… Read More
Read more in: Asia, Blockchain & Digital Assets | Tagged digital assets, digital payment token services, digitalization, in-principle approval, infrastructure, paxos, singapore, stablecoin, stablecoins, tokenization, virtual currencies, walter hessert
