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TechFlow news: The main payment institution license for digital asset platform StraitsX has received in-principle approval. This includes issuing stablecoins such as the Singapore dollar-denominated XSGD and the US dollar-denominated XUSD under MAS's upcoming stablecoin regulatory framework.
StraitsX, a digital asset platform, has received in-principle approval for its main payment institution license. This includes issuing stablecoins under MAS's upcoming stablecoin regulatory framework, such as the Singapore dollar-denominated XSGD and the US dollar-denominated XUSD.
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