The project has been ongoing for about six months, the Bloomberg story said. A separate industry report expected to outline best practices in areas like due diligence and risk management, could be published in the next two months, the sources told Bloomberg. The report that focuses on firms that provide payment services would cover stablecoins, NFTs, and gaming credits.
Source: https://www.coindesk.com/policy/2023/04/06/singapore-working-with-banks-to-provide-guidance-on-crypto-businesses-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines