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News Singapore » Central » Cryptocurrencies: Singapore Central Banker Sees Private Crypto on Its Way Out

News channel or source: https://www.bloomberg.com/news/articles/2023-11-28/singapore-central-banker-sees-private-cryptocurrencies-failing
Published on: Monday 27 November 2023

Private cryptocurrencies that failed the fundamental tests of financial services will eventually exit the monetary scene, according to Singapore’s central bank chief. That will leave a future monetary ...

News Singapore » Central » Cryptocurrencies: 'Cryptocurrencies Have Failed the Test of Digital Money,' MAS' Managing Director Says

News channel or source: https://www.coindesk.com/markets/2023/11/16/cryptocurrencies-have-failed-the-test-of-digital-money-mas-managing-director-says
Published on: Wednesday 15 November 2023

Stablecoins and central bank digital currencies (CBDCs), not crypto, will be part of the financial ecosystem in the future, the managing director of Singapore's central bank said during his keynote at ...