Yogita Khatri / The Block:

Paxos gets in-principle approval from the Monetary Authority of Singapore to issue a USD-backed stablecoin; Paxos claims it is the only company to get approval  —  - Paxos has created a Singaporean entity for launching a new USD-backed stablecoin in the country.  — Paxos Digital Singapore Pte.

Yogita Khatri / The Block:

Paxos gets in-principle approval from the Monetary Authority of Singapore to issue a USD-backed stablecoin; Paxos claims it is the only company to get approval  —  - Paxos has created a Singaporean entity for launching a new USD-backed stablecoin in the country.  — Paxos Digital Singapore Pte.

Source: TechMeme
Source Link: http://www.techmeme.com/231115/p54#a231115p54