Singapore proposes dedicated stablecoin licence with interest ban; SE Asia crypto funding rebounds to $680M; South Korea advances tokenized stock pilots; Thailand tightens self-custody checks; Kyrgyzstan pushes crypto regulation.
DeFi & Yields ·
Southeast Asia's cryptocurrency funding reached $680M as Singapore proposed a dedicated stablecoin licensing framework that would ban interest payments and grant regulators burn and freeze powers over stablecoins. South Korea is advancing tokenized stock pilots while Thailand implemented tighter self-custody wallet checks, and Kyrgyzstan moved forward with crypto regulation and digital som testing.