Crypto tokens not yet a ‘significant risk’ – MAS’s Menon

Bitcoin
The MAS has been watching the crypto space "with great interest"

The Monetary Authority of Singapore believes “crypto token” activities do not yet pose a “significant risk” to financial stability, but the central bank is looking at “unconventional ways” to monitor these activities. 

Speaking at a fintech conference on March 15, MAS managing director Ravi Menon said he preferred the term “crypto tokens” to “cryptocurrencies” because the former “began life” as the medium of exchange backed by blockchain, but has now assumed “a life of its own” beyond the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: