“MAS has seen sturdy curiosity in asset tokenization in recent times, notably in fastened revenue, FX, and asset administration. We’re inspired by the eager participation from monetary establishments and fellow policymakers to co-create business requirements and threat administration frameworks to facilitate industrial deployment of tokenized capital markets merchandise, and scale tokenized markets on an business huge foundation,” mentioned Leong Sing Chiong, deputy managing director (Markets and Growth) of MAS.
Analysts Predict These Presales Can Surge on the Finish of 2024
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