-
This Central Bank Chief Predicts Native Digital Tokens Will 'Leave The Scene'
Tuesday, November 28, 2023 - 12:32pm | 369During a panel at the Hong Kong Monetary Authority-Bank for International Settlements event, Singapore's central bank leader Ravi Menon, forecasted a decline in private cryptocurrencies that don't meet essential financial service standards. "Private digital coins have miserably failed...
-
Singapore's MAS To Boost Fintech With New Investment Commitment: Will It Pay Off?
Monday, August 7, 2023 - 3:41pm | 503The Monetary Authority of Singapore (MAS) has pledged to invest up to S$150 million over the next three years to bolster technology and innovation within the financial sector. This commitment is part of the newly introduced Financial Sector Technology and Innovation Scheme (FSTI 3.0), which aims to...