Singapore has announced plans to advance tokenization in financial services. The Monetary Authority of Singapore (MAS) will introduce measures to deepen liquidity of tokenized assets and develop an ecosystem of market infrastructures. MAS has seen strong interest in asset tokenization and is encouraged by the participation of financial institutions and policymakers. Project Guardian, a crypto industry group, has published two frameworks on acceptance and implementation of tokenized assets. The frameworks will provide guidelines for implementing tokenization in debt capital markets and developing tokenized investment vehicles.



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