Singapore's Monetary Authority (MAS) is differentiating between digital assets for speculation and those that enhance financial markets, coinciding with Coinbase's expansion in the city-state. MAS emphasizes the practical application of tokenization and digital money in solving issues like cross-border payments and market fragmentation, rather than pure trading. This strategic shift aims to foster innovation in financial infrastructure while maintaining regulatory oversight, guiding developers and financial professionals toward more robust and compliant digital asset use cases.
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Ali NematiWritten by Ali
