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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
Previous Work: https://www.xrpchat.com/topic/7598-ripplegates-foundationindia/?tab=comments#comment-99889 https://www.xrpchat.com/topic/9189-ripple-india/ https://www.xrpchat.com/topic/9760-ripple-singapore-bahrain-the-uae/?tab=comments#comment-97143 ***THIS IS ALL SPECULATION*** The Korean Government Similar to other Asian Pacific countries, South Korea is being proactive on adopting financial technology. As a society, Korea is trending towards being cashless with credit and bank cards becoming the primary means of conducting trade. http://www.koreatimes.
***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
Ripple included in their ecosystem https://bitsonblocks.net/2017/11/14/mas-just-released-corda-for-central-banks-so-what/?fb_action_ids=1963092917298418&fb_action_types=news.publishes&fb_source=other_multiline&action_object_map=&action_type_map=[&utm_content=buffer4703d&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer Page 63 mentioned ripple http://www.mas.gov.sg/~/media/ProjectUbin/Project Ubin Phase 2 Reimagining RTGS.pdf