Singapore’s Monetary Authority Unveils Comprehensive Digital Money Strategy, Focusing on Wholesale CBDC and Tokenized Bank Liabilities
The Monetary Authority of Singapore (MAS) has unveiled its digital money strategy, focusing on wholesale central bank digital currency (CBDC), tokenized bank liabilities, and regulated stablecoins. This comprehensive vision positions Singapore as a frontrunner in the digital finance landscape. MAS aims to facilitate interbank settlement through the development of a wholesale CBDC, with local banks […]