Digital Asset Tokenization Trial Begins in Singapore


Singapore has started to implement a digital asset tokenization test project that will help explore all the possible use cases of Blockchain technology in the local financial system of Singapore. Furthermore, the project aims to explore the possibility of making the city-state a major hub for decentralized finance. Several exchanges have ceased trading in Singapore as a result of increased regulatory pressure. While some are trying to comply, approval of the operating license has been very slow. However, Bloomberg reported that Singapore has started digital asset tokenization projects, which will help investigate… Read the full article at CryptoCurrencyNews.com Get the latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICO, ethereum and all other cryptocurrencies. Learn how to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms of Use and Disclaimer.

Digital Asset Tokenization Trial Begins in Singapore

Tokenization of digital assets

Singapore has started to implement a digital asset tokenization test project that will help explore all the possible use cases of Blockchain technology in the local financial system of Singapore. Furthermore, the project aims to explore the possibility of making the city-state a major hub for decentralized finance.

Several exchanges have ceased trading in Singapore as a result of increased regulatory pressure. While some are trying to comply, approval of the operating license has been very slow.

However, Bloomberg reported that Singapore has started digital asset tokenization projects, which will help investigate…

Get the latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn how to trade on cryptocurrency exchanges.


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