Singapore to trial tokenised bills, bring in stablecoin laws, central bank chief says

SINGAPORE (Reuters) -Singapore's central bank will hold trials to issue tokenised MAS bills next year and bring in laws to regulate stablecoins ​as it presses forward with plans to build a scalable and secure tokenised financial ‌ecosystem, the bank's top official said on Thursday. "Tokenisation has lifted off the ground. But ‌have asset-backed tokens achieved escape velocity? Not yet," said Chia Der Jiun, Managing Director of the Monetary Authority of Singapore (MAS), a keynote address at the Singapore F ...