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Revisions

MAS keeping close watch on key risk areas in crypto world without stifling innovation

Fintech

MAS keeping close watch on key risk areas in crypto world without stifling innovation

PC Lee Published on Thu, Mar 15, 2018 / 9:16 PM GMT+8

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SINGAPORE (Mar 15): How do you harness the transformative benefits of blockchain technology and crypto tokens while containing some of their risks?

That is the main challenge facing regulators and central banks when it comes to crypto currencies, says Ravi Menon, Managing Director of the Monetary Authority of Singapore.

Menon was speaking at the Money20/20 Asia Conference at the Marina Bay Sands Convention Centre on Thursday.