Today, the Monetary Authority of Singapore’s Chief Fintech Officer Sopnendu Mohanty, spoke about the state of wholesale central bank digital currencies (CBDC) in a webinar hosted by enterprise blockchain firm R3. Mohanty said that the technology issues are largely solved and the financial sector has distributed ledger technology (DLT) platforms ready to use a digital currency.
“What we’re missing is the decision of a central bank to issue a digital currency into the network,” said Mohanty. “I think it will take some time, but hopefully as soon as possible.”
Continue read: https://ledgerinsights.com/mas-says-cbdc-just-needs-central-bank-decision/
