Singapore Monetary Authority ( MAS), CBDCsAnd stablecoinspublished a whitepaper on the use of digital currency
in Singapore digital assetand blockchain initiatives continue. MAS, Purpose Money ( PBM) published a white paper, referring to a common protocol in which digital assets can also be used.
of MASpublished by PMB protocol helps determine the conditions for transfers made with digital money. In this way CBDCand it is aimed to eliminate the shortcomings on stablecoins.
Digital Asset Steps in Singapore
Singapore Monetary Authority ( MAS), Money for Purpose ( PMB) published a white paper on
of MAS PMBAn introductory article about International Monetary FundAnd Bank of Korea It was prepared jointly with names from the industry such as Globally supported MAS, first CBDCsAnd stablecoinsIt examines the appropriate use cases of many digital assets, including
MASChief Fintech Officer Sopnendu mohantystated that these initiatives will improve user experiences for digital assets. PMB, CBDCs, tokenized bank depositsAnd stablecoinsIt will help set standards on digital assets covering
Singaporegrowing in Asia blockchainAnd digital assettrying to gain ground in its adoption.
