Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
What CoinDesk reports, why it matters and what remains unconfirmed.

The story in one view
- Reported by
- CoinDesk
- Coverage lens
- Policy and regulation
- Published
- Evidence status
- Cross-source reports linked
What CoinDesk reports
The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition of foreign stablecoin.
The immediate significance
The report identifies a policy development, but the available information does not provide enough matched evidence for a more specific impact judgment. That assessment remains open.
CoinDesk and Decrypt have also published a related report, providing another attributed account to compare without treating repetition as proof.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
How the story developed
CoinDesk and Decrypt are reporting related developments. Reports are shown in publication order; separate coverage is not independent confirmation.
CoinDeskCurrent briefing Singapore proposes 100% reserves and a ban on yields for stablecoin issuers
The country’s financial watchdog says its proposed stablecoin rules are aligned with U.S. and EU frameworks and that it also paves the way for the recognition of foreign stablecoin.
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The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.
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