SCS
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Singapore Introduces Regulatory Framework for Stablecoins to Ensure Stability and Compliance 🇸🇬
#Singapore 's central bank, #MAS , has introduced a revised regulatory framework to ensure stability for regulated single-currency stablecoins (#SCS ).
This applies to stablecoins pegged to the Singapore dollar or G10 currencies, circulating above 5 million SGD ($3.7 million). The framework mandates specific criteria for stablecoin issuers. They must maintain value stability through defined reserve assets, capital, and liquidity.
Issuers must quickly redeem stablecoins upon request, provide disclosures on value stabilization, holders' rights, and reserve asset audits. Only compliant stablecoins can seek MAS regulation, with misrepresentation facing penalties.
#Binance
#crypto2023
#Singapore 's central bank, #MAS , has introduced a revised regulatory framework to ensure stability for regulated single-currency stablecoins (#SCS ).
This applies to stablecoins pegged to the Singapore dollar or G10 currencies, circulating above 5 million SGD ($3.7 million). The framework mandates specific criteria for stablecoin issuers. They must maintain value stability through defined reserve assets, capital, and liquidity.
Issuers must quickly redeem stablecoins upon request, provide disclosures on value stabilization, holders' rights, and reserve asset audits. Only compliant stablecoins can seek MAS regulation, with misrepresentation facing penalties.
#Binance
#crypto2023
❤️ THIS POST AND I WILL SHARE NEXT 10X GEM COIN
#SCS DAILY TIMEFRAME UPDATE
#Solcasino offers live playable games accessible directly through web3 on Solana Network
ANY THOUGHTS ON $SCS ?
#SOL $SOL #BOME $BOMO $BOME #SLORK #FLOKI
#SCS DAILY TIMEFRAME UPDATE
#Solcasino offers live playable games accessible directly through web3 on Solana Network
ANY THOUGHTS ON $SCS ?
#SOL $SOL #BOME $BOMO $BOME #SLORK #FLOKI
$SCS token 📢🚨
The price of Solcasino Token (SCS) experienced fluctuations in July 2024. On July 19, 2024, the price was $0.00606554 with a 1.7% decrease, and on July 18, 2024, it was $0.00628727 with a 1.8% increase. The token showed both positive and negative movements during this period.
Source: CoinGecko
The market cap of Solcasino Token stood at $19,343,520 with a circulating supply of 3.2 Billion SCS. The token's price experienced a -3.47% decline in the last 24 hours and a 3.57% increase over the past 7 days.
Source: CoinGecko
Major crypto projects unlocked significant amounts of their native tokens in July 2024, with a total unlocking value of over $755 million.
#CoinGecko #SCS #NewAirdrop
The price of Solcasino Token (SCS) experienced fluctuations in July 2024. On July 19, 2024, the price was $0.00606554 with a 1.7% decrease, and on July 18, 2024, it was $0.00628727 with a 1.8% increase. The token showed both positive and negative movements during this period.
Source: CoinGecko
The market cap of Solcasino Token stood at $19,343,520 with a circulating supply of 3.2 Billion SCS. The token's price experienced a -3.47% decline in the last 24 hours and a 3.57% increase over the past 7 days.
Source: CoinGecko
Major crypto projects unlocked significant amounts of their native tokens in July 2024, with a total unlocking value of over $755 million.
#CoinGecko #SCS #NewAirdrop
