Heres what happened in crypto today
Today in crypto, Singapore is considering allowing jointly issued cross-border stablecoins into its regulatory regime. Thailands SEC seeks comments on rules requiring retail-accessible overseas crypto derivatives to trade on qualifying, centrally cleared exchanges, while Strive bought 1,800 Bitcoin for $143 million, becoming the fifth-largest publicly traded corporate holder. Singapore weighs recognizing some foreign-issued stablecoins The Monetary Authority of Singapore (MAS) is reconsidering its earlier restriction on stablecoins issued across multiple jurisdictions, proposing a route for some jointly issued tokens to qualify under its regulatory framework. MAS opened a public consultation on Tuesday, covering legislative amendments to implement its stablecoin framework and additional policy proposals reflecting developments since 2023. Under one proposal, stablecoins jointly issued by a Singapore issuer and a foreign issuer could be regulated under the framework and labeled “MAS-regulated stablecoins,” provided that the associated risks are sufficiently mitigated. MAS is also considering recognizing a limited number of foreign-issued stablecoins regulated under comparable overseas frameworks, citing their potential use in cross-border wholesale transactions. Thailand SEC proposes retail access to regulated overseas crypto derivatives Thailands Securities and Exchange Commission (SEC) has proposed allowing intermediaries to facilitate retail access to certain digital asset derivatives traded overseas. Under the proposal, eligible products would need to resemble crypto derivatives traded in









