The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, plans to launch crypto-related cooperation with a number of European countries and Japan.
Officially the MAS announced on October 30 that it is working with the Financial Services Agency of Japan (FSA), Switzerland’s Financial Market Supervisory Authority (FINMA) and the United Kingdom’s Financial Conduct Authority (FCA) to promote joint digital asset pilots. The authority wants to conduct such pilots specifically with regard to fixed income, currency and asset management products.
