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[XSGD]
XSGD
Decentralization
0
High Risk
[ S ]
[ M ]
[ I ]
[ D ]
[ G ]
[ E ]
[XSGD]
XSGD
Decentralization
0
High Risk
Regulatory Oversight
0 / 1
Custodian Risk
0 / 1
Type of Collateral
0 / 1
Decision Making & Voting Power
0 / 1
User Blacklisting
0 / 1
4.1Regulatory Oversight
0

Regulatory oversight increases the risk of censoring endpoints of the stablecoin's network (such as the issuer, banks and custodians) as well as users. A score of 0 indicates a high degree of government censorship risk.

Xfers is regulated by the Monetary Authority of Singapore as a Major Payment Institution.

Note: Censorship resistance is not a key objective common to all stablecoins. Consequently, a low score may not be a relevant source of concern to most stablecoin users. Furthermore, regulatory oversight can also be beneficial to some users as it entails more robust consumer protection mechanisms and increased transparency.