The Financial Authority of Singapore (MAS) has softened its stance on crypto belongings, however market contributors say the regulator ought to go additional by eradicating an interim cap on the quantity of the most secure tokenised merchandise that banks are allowed to carry.
“Our view is that these restrictions will finally be relaxed or eliminated, just because the present setup is structurally inconsistent,” says Boon-Hiong Chan, utilized business innovation lead at Deutsche Financial institution. He emphasises that if an asset
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