HomeDIGITAL ASSETS REGULATORYsingapur_MAS"Mr. Ravi Menon's Address at the Singapore FinTech Festival 2023: Revolutionizing the...

“Mr. Ravi Menon’s Address at the Singapore FinTech Festival 2023: Revolutionizing the Financial Landscape”

During the Singapore FinTech Festival 2023, Mr Ravi Menon, Managing Director of MAS, highlighted three key objectives that Singapore aims to accomplish in its future financial ecosystem. Firstly, the goal is to establish instant payments, enabling swift and efficient transactions. Secondly, Singapore seeks to create a seamless financial landscape, ensuring smooth and hassle-free transactions for individuals and businesses. Lastly, the country aims to build a trusted sustainability ecosystem, emphasizing the importance of responsible and sustainable practices within the financial sector. These outcomes reflect Singapore’s commitment to staying at the forefront of financial innovation and promoting a secure and sustainable financial environment.

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