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Report on Digital Assets: Renewed Emphasis Towards Utility and Institutional Adoption

The report, jointly produced by Oliver Wyman, Elevandi and the Monetary Authority of Singapore, highlights that despite the wide-ranging and ongoing pressure facing the digital assets ecosystem, the downturn could mark an inflection point for the ecosystem. SINGAPORE, Feb. 21, 2023 /PRNewswire/ A new report - Digital Assets and Web3: Insights from the Singapore FinTech Festival 2022 (SFF 2022) - jointly produced by Oliver Wyman, Elevandi and the Monetary Authority of Singapore (MAS) examined SFF 2022 participants' presentations and captured shifting sentiments and priorities in the digital assets industry. A report by by Oliver Wyman, Elevandi and the Monetary Authority of Singapore. The digital assets ecosystem has experienced both the macroeconomic pressures felt in traditional markets, and a series of idiosyncratic crises that continue to impact participants. However, despite the wide-ranging and ongoing pressure, the downturn could mark an inflection point; a shift from specul ....

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