Digital currencies have a future as Regulated, central-bank issued currencies?

Leading international and local academics convened in Singapore on 15 November 2018 to discuss how digital currencies will impact monetary policy and financial stability and argues that digital currencies may have a future as regulated, central-bank issued currencies, rather than private ones. The two-day Workshop on Digital Currency Economics and Policy is co-organised and funded by the Asian Bureau of Finance and Economic Research (ABFER), the National University of Singapore (NUS) Business School and the Monetary Authority of Singapore (MAS).

Digital currencies have proliferated amid the advent of blockchain and distributed ledger technologies (DLT), raising the possibilities of an electronic form of the national currency. Mr. Edward Robinson, Assistant Managing Director (Economic Policy) & Chief Economist, MAS, said, “This workshop aims to deepen understanding of the important monetary policy and regulatory issues implied by these fast-evolving developments. In conjunction with the third Singapore FinTech Festival, it features specially commissioned studies that can contribute to formalising a framework for analysis. A robust understanding of the implications of digital currencies will inform policies pertinent to central banks and regulators. MAS is pleased to be able to sponsor this event with ABFER and NUS Business School

Date: 15 November 2018

Click to read the full article (MAS Medial Releases)

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