Case for digital Singdollar ‘not urgent’, but MAS recognises benefits of retail CBDCs: Ravi Menon

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THERE are presently neither strong reasons for or against a retail central bank digital currency (CBDC) in Singapore, Monetary Authority of Singapore (MAS) chief Ravi Menon said on Tuesday (Nov 9), even as he noted that interest in these digital versions of cash has "risen sharply" in the last 2 years.