MAS has published a major consultation on proposed amendments to the PSA and the next phase of Singapore’s stablecoin regulatory framework. Read the consultation here.
SFA's Web3 and Capital Markets Services Subcommittees invite you to an interactive discussion on the key proposals and implications, including:
🔹 Requirements for MAS-regulated stablecoin issuers
🔹 Reserve, liquidity, stress testing & recovery requirements
🔹 Restrictions on interest and reserve returns
🔹 Trace, freeze & burn capabilities
🔹 Designated systemic stablecoins
🔹 Multi-jurisdictional issuance & recognition of foreign-regulated stablecoins
🔹 Implications for DPT service providers offering non-MAS-regulated stablecoins
🔹 Stablecoin issuance by banks and merchant banks
We’ll also discuss where clarification may be needed and what issues industry should raise in its feedback to MAS ahead of the 16 October consultation deadline.
📅 25 September 2026, Friday
🕓 2.00pm - 4.00pm (SGT) (registration from 1.45pm)
📍 Gibson, Dunn & Crutcher LLP, One Raffles Quay, Level #36-01, North Tower, Singapore 048583