Singapore's central bank is proposing ways to design open, interoperable networks for tokenized digital assets. "The Hash" panel discusses the framework presented by the Monetary Authority of Singapore (MAS), as banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across wealth management, fixed income and foreign exchange.
Banking giants like Standard Chartered, HSBC and Citi are set to run multiple tokenization trials across wealth management, fixed income and foreign exchange.
The Monetary Authority of Singapore (MAS) has proposed standards for using digital money, including central bank digital currencies (CBDCs) and tokenized bank deposits, on a distributed ledger. "The Hash" panel breaks down the technical white paper produced by the agency with the International Monetary Fund (IMF) and other financial institutions.
The Monetary Authority of Singapore (MAS), in collaboration with the IMF and other central banks, is proposing common conditions for retail payments with digital money on a distributed ledger.
Central bank digital currency CBDC systems operating on different types of networks can be used for cross border and cross currency payments according to a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore MAS Coin Desk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down [...]
Singapore state fund Temasek’s investment in FTX caused "reputational damage," but “it is the nature of investment and risk-taking,” said Deputy Prime Minister Lawrence Wong.