Singapore Introduces New Measures to Advance Tokenization in Financial Services
The Monetary Authority of Singapore (MAS) has unveiled plans to promote tokenization in financial services. Two frameworks have been published to guide financial institutions on the acceptance and implementation of tokenized assets. The move is expected to signal further bullishness in the market, with mega ETF inflows and Bitcoin wallet activity on the rise. Bitwise CIO Matt Hougan has praised the initiative, stating that UnmuteCrypto has "already won" the election.
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