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- ⏰ 3 Days to Go!💥 Gate Square Event: #PostToWinTRUST 💥
Get ready to share your creativity!
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📅 Event Period: Nov 6 – Nov 16, 2025, 16:00 (UTC)
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📅 Event Period:
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📌 Related Campaigns:
Launchpool: https://www.gate.com/announcements/article/48098
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Earn: https://www.gate.com/announcements/article/48119
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🗓️ Deadline: November 17, 2025, 04:00 UTC
Singapore's recent actions are quite interesting.
At the FinTech Festival, the Director of MAS (Monetary Authority of Singapore) directly announced several major moves: next year, they will launch a pilot program for tokenized government bonds, which sounds quite aggressive. However, they also emphasized the boundaries—stablecoins must have solid asset backing and must be redeemable at any time to be considered.
What is more noteworthy is the "Blue Initiative" they mentioned. This project is actually exploring the use of tokenization to handle bank liability settlements, in other words, it aims to digitize the underlying mechanics of traditional finance.
Singapore's approach this time is very clear: on one hand, it promotes innovative pilot projects, and on the other hand, it establishes a regulatory framework. It aims to implement new things like tokenized government bonds while preventing the stablecoin market from growing wildly. This sense of balance is indeed leading the way in the Asian market.