The Monetary Authority of Singapore announced today plans to promote the tokenization of financial services
the Monetary Authority of Singapore announced today its plan to promote the tokenization of financial services. The plan includes forming a commercial network to deepen the liquidity of tokenized assets; establishing a market infrastructure ecosystem; cultivating an industry framework for the implementation of tokenized assets; and enabling tokenized assets to use common settlement facilities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tether Reports $13B in Profits for 2024, Surpasses $113B in U.S. Treasuries
Record-breaking Q4 strengthens Tether’s market dominance
Institution: UK economy stagnates, Bank of England expected to cut interest rates again
THORChain plans to issue equity tokens to deal with $200 million debt crisis