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Central Bank of Singapore Teams Up With Deloitte and Nasdaq to Launch Crypto Transactions

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Fri, 24/08/2018 - 14:14
Central Bank of Singapore Teams Up With Deloitte and Nasdaq to Launch Crypto Transactions
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The Central Bank of Singapore joins other organizations in this initiative: the Monetary Authority of Singapore (MAS), Singapore Exchange, Nasdaq, Deloitte and others.

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The companies intend to set up a system of using tokens for settlements on various DLT-platforms, DvP for short– Delivery versus Payment.

This connection of efforts and resources will allow transferring funds and securities, saving buyers and sellers from risks.

MAS keeps working on crypto-friendly environment in Singapore for digital coins.

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