MAS works with financial institutions to grow tokenisation industry
MAS says it is working with managers of pilot projects on the legal and regulatory treatment of tokenised funds.
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MAS says it is working with managers of pilot projects on the legal and regulatory treatment of tokenised funds.
High profile setbacks for FTX and Binance are unlikely to stop the potential of tokenisation, stablecoins and digital bonds in the region, but progress will come with greater regulatory scrutiny.
Mauritius - Fund Finance Laws And Regulations 2024. Legal News and Analysis - Mauritius - Asset Finance, Banking & Finance, Capital Markets, Regulatory & Compliance -
In addition to the five pilots, MAS launched Global Layer One to explore the design of an open, digital infrastructure that will host tokenized financial assets and applications.
The Monetary Authority of Singapore is to commence a new series of asset tokenization pilots in collaboration with 17 international banks.