MAS partners with financial inclusion foundation on digital currency system

Monetary Authority of Singapore
George Johnson

The Monetary Authority of Singapore has become the first central bank to become a member of the Mojaloop Foundation, an organisation that aims to bolster levels of financial inclusion.

In a statement today (May 26), the central bank said it would collaborate with the foundation on a digital currency-based settlement system.

“The partnership between MAS and Mojaloop’s open-source community aims to bring together MAS’s policy development perspectives and Mojaloop’s digital payments capability to

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:

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

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

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: