“MAS has seen strong interest in asset tokenization in recent years, notably in fixed income, FX, and asset management. We are encouraged by the keen participation from financial institutions and fellow policymakers to co-create industry standards and risk management frameworks to facilitate commercial deployment of tokenized capital markets products, and scale tokenized markets on an industry wide basis,” said Leong Sing Chiong, deputy managing director (Markets and Development) of MAS.
Bitcoin Drop To $105K Possible As Whales Keep Selling
Key takeaways:Bitcoin’s sharp rebound after Jackson Hole fizzled into a bearish weekly engulfing candle. Onchain data shows $105,000 as the...