Progress

Current status
adopted
04 Nov 2024 adopted

Scope

Implementers
Singapore
Policy Area
Design and testing standards
Policy Instrument
Interoperability requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national

Timeline of events

04 Nov 2024
adopted

Adopted MAS project to support commercialisation of asset tokenisation

On 4 November 2024, the Monetary Authority of Singapore (MAS) announced projects to advance the commercialisation of asset tokenisation in financial services. The MAS will form commercial networks to improve liquidity in tokenised assets and expand …

Source
Event type order
Action type adoption
Government branch executive
Government body other regulatory body