onchain stablecoin compliance
Chainlink and Apex Group are collaborating to test the compliance of onchain stablecoins with Bermuda’s regulatory standards. This initiative aims to ensure that stablecoins meet the necessary requirements set forth by local authorities. The partnership highlights the growing importance of regulatory compliance in the crypto space, particularly concerning stablecoin usage. By working together, Chainlink and Apex Group seek to establish a framework that can effectively address compliance challenges. This testing phase is designed to provide insights into how onchain stablecoins can align with Bermuda’s regulatory expectations.
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