MAS to explore the economic potential of DeFi
The Monetary Authority of Singapore (MAS) has announced ‘Project Guardian’, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenisation. Project Guardian, which was launched by Heng Swee Keat, deputy prime minister and coordinating minister for economic policies, at the Asia Tech X Singapore Summit, will test the feasibility of applications in asset tokenisation and DeFi (decentralised finance) while managing risks to financial stability and integrity. Read more here