Singapore Wins Praise From U.S. Treasury Over Stablecoin Push

TLDR: U.S. Treasury Bessent praised Singapore’s adoption of regulated stablecoins during his APEC meeting with Prime Minister Lawrence Wong. The U.S. Treasury highlighted Singapore’s growing integration of digital assets within a compliant financial system. Talks included cooperation on blocking illicit crypto activity and enforcing energy sanctions against sanctioned states. The meeting reinforced U.S.-Singapore alignment on [...]

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