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Singapore’s Central Bank Is Laying the Foundations for a CBDC It Doesn’t Think Is Needed: Report

There is, however, no urgent need for a retail CBDC in the country, according to MAS Managing Director Ravi Menon.

Updated May 11, 2023, 5:20 p.m. Published Nov 9, 2021, 10:26 a.m.
Singapore (Shutterstock)
Singapore (Shutterstock)