#StablecoinLaw

A StableCoin Law refers to any legal framework or regulation that governs the issuance, management, backing, transparency, and usage of stablecoins. It ensures:

1)Consumer protection 🛡️

2)Financial stability 🏦

3)AML/CFT compliance (anti-money laundering / 4)countering the financing of terrorism) 🔍

5)Integration with existing monetary systems 🔗

🌍 Global Landscape (as of mid-2025):

🇺🇸 United States

Clarity for Payment Stablecoins Act (proposed/modified versions being debated)

Stablecoins must be issued by insured depository institutions or licensed entities.

Must maintain 100% reserve backing in cash or short-term Treasuries.

🇪🇺 European Union

MiCA (Markets in Crypto-Assets Regulation) came into effect.

Stablecoins are labeled as “asset-referenced tokens” or “e-money tokens”, and issuers require a license from national regulators.

🇬🇧 United Kingdom

The UK Treasury and FCA are creating rules where stablecoins used for payments will be regulated like other forms of electronic money.

🇸🇬 Singapore

MAS (Monetary Authority of Singapore) has released a Stablecoin Regulatory Framework:

Only single-currency stablecoins (SCS) are recognized.

Must meet standards on value stability, capital, and redemption.

🇯🇵 Japan

Revised laws allow licensed banks, fund transfer services, and trust companies to issue stablecoins.

Assets backing the coins must be held in trusts.