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Wu Blockchain (@WuBlockchain): Paxos forms new entity in Singapore with plans to issue new USD-backed stablecoin. The company said it has received in-principle approval from the Mon…

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Paxos forms new entity in Singapore with plans to issue new USD-backed stablecoin. The company said it has received in-principle approval from the Monetary Authority of Singapore to issue stablecoins that comply with Singapore’s stablecoin regulatory framework.…

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