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(please check my profile for prior threads: this post builds off my country threads) ***"this is all speculation"*** The Monetary Authority of Singapore For several years now, the Monetary Authority of Singapore has taken a proactive approach in exploring and trailing blockchain technology for it’s possible application into their financial system. Since 2016, MAS (Monetary Authority of Singapore) has established a regulatory sandbox allowing Fintech companies to experiment within regulatory parameters.¹ MAS has also collaborated with Deloitte, R3, and a consortium consistin
Blog URL: https://xrpcommunity.blog/real-businesses-want-stability-reliability/ Real businesses need stability & reliability! Find out more, along with the latest news impacting XRP in today's blog. 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐂𝐫𝐲𝐩𝐭𝐨 𝐍𝐞𝐰𝐬: Bahrain's central bank issues guidance for crypto-assets; and I recommend that readers follow Kava Labs, a new startup that looks to support the ILP network. 𝐑𝐢𝐩𝐩𝐥𝐞 𝐍𝐞𝐰𝐬: Gareth Wilson, Accenture's Managing Director of Global Payments, predicts growth for RippleNet; SBI Remit doubles its payment volume since switching to xCurrent; Ripple publishes the tenth
***IF YOU HAVE NOT YET, PLEASE READ MY PREVIOUS THREADS ON THE GATES FOUNDATION AND INDIA*** Unlike in India, there is no singular centralized effort driving Ripple adoption but more of a collected effort done by multiple parties. However, most of these parties are being guided and aided by the Monetary Authority of Singapore (MAS) in each of their respective ventures. Monetary Authority of Singapore (MAS) The MAS is Singapore's central bank and financial regulatory authority. Compared to other central banks, MAS has been proactive when involving trialing and adopting new financ