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No compelling reason for central banks to issue digital currencies: MAS

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There is no compelling reason for central banks to issue digital currencies, said managing director of the Monetary Authority of Singapore (MAS) Ravi Menon.

THERE is no compelling reason for central banks to issue digital currencies, said managing director of the Monetary Authority of Singapore (MAS) Ravi Menon.

Speaking to The Business Times, Mr Menon said that it remains unclear what problem digital currencies would solve, noting...

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