“MAS has seen robust curiosity in asset tokenization lately, notably in mounted earnings, FX, and asset administration. We’re inspired by the eager participation from monetary establishments and fellow policymakers to co-create trade requirements and threat administration frameworks to facilitate industrial deployment of tokenized capital markets merchandise, and scale tokenized markets on an trade huge foundation,” mentioned Leong Sing Chiong, deputy managing director (Markets and Improvement) of MAS.
Financial Authority of Singapore Pushes New Measures to Advance Tokenization
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