Central bank · APAC
Monetary Authority of Singapore
2 verified items · Official site: www.mas.gov.sg ↗
Appears in: CBDC & wholesale settlement tracker
Regulatory dates
- 16 Oct 2026MAS consultation on Payment Services Act amendments for stablecoins closed
Coverage
- T1RegulatorAPAC
MAS Managing Director Chia Der Jiun on building trusted foundations for digital finance
In a keynote on 9 October 2026, MAS Managing Director Chia Der Jiun set out MAS's approach to digital assets, digital money and digital infrastructure, saying tokenised transactions will only scale if settled in safe, trusted digital money. He referred to Project Guardian and MAS's guidance on how securities laws apply to tokenised capital markets products.
Monetary Authority of Singapore
- T1RegulatorAPAC
MAS consults on legislative amendments to implement its stablecoin regulatory framework
MAS published a consultation paper on amendments to the Payment Services Act 2019 to implement its single-currency stablecoin (MAS-SCS) framework, covering value stability, capital, redemption at par and disclosure. It also proposes allowing multi-jurisdictional issuance, recognising a limited number of foreign-issued stablecoins, prohibiting interest on MAS-regulated stablecoins, and requiring stress testing and recovery and wind-down plans.
Monetary Authority of Singapore