Data Privacy & Security Data Privacy & Security

The case for a digital Singapore dollar is not urgent, central bank says

By Jet Damazo-Santos
  • 09 Nov 2021 03:56
  • 09 Nov 2021 03:56
Despite the amount of attention so far paid to central bank digital currencies, Singapore finds that it has no urgent need to issue a digital Singapore dollar, according to the Monetary Authority of Singapore. 
“On balance, the case for a retail CBDC in Singapore is not urgent,” central bank managing

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Jet Damazo-Santos

Correspondent, Jakarta

Jet Damazo-Santos has been covering antitrust, data protection and other compliance issues in key jurisdictions in Southeast Asia for MLex full time since 2018. She has almost two decades of journalism experience in the Philippines and Indonesia, where she was the associate editor for the Jakarta Globe and the Jakarta bureau chief for Rappler Indonesia prior to joining MLex. She holds a master's degree in Applied Business Economics from the University of Asia and the Pacific.

Discover MLex

Stay on top of global regulatory developments

Latest News