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“Yes to Digital Asset Innovation, No to Cryptocurrency Speculation” – Opening Address by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at Green Shoots Seminar on 29 August 2022

“Yes to Digital Asset Innovation, No to Cryptocurrency Speculation” – Opening Address by Mr Ravi Menon, Managing Director, Monetary Authority of Singapore, at Green Shoots Seminar on 29 August 2022

Good morning. Thank you for joining us today.Let me start with the elephant in the room.  MAS seems to be sending mixed signals when it comes to crypto and digital assets. On the one hand, MAS is promoting Singapore as a FinTech hub, partnering industry to...