The Monetary Authority of Singapore (MAS) has announced news of the creation of a Payments Council that will work to promote ePayments in the country. According to OpenGov, the Payments Council — made up of 20 leaders from banks, payment service providers, businesses and trade...
November 28, 2023
We could be witnessing the twilight of private cryptocurrencies, says one of Singapore’s top central bankers. Monetary Authority of Singapore (MAS) Managing Director Ravi Menon argued Tuesday (Nov. 28) that private crypto will eventually be replaced by a monetary system ruled by central bank digital currencies (CBDCs), “well-regulated” stablecoins and tokenized bank liabilities. Private digital coins “have miserably failed the […]
August 02, 2017
The Monetary Authority of Singapore (MAS) has announced news of the creation of a Payments Council that will work to promote ePayments in the country. According to OpenGov, the Payments...
