The Monetary Authority of Singapore (MAS) has unveiled a digital bond grant scheme, after Hong Kong announced a similar scheme in November. Both jurisdictions are keen to encourage the adoption of DLT and tokenization.
The substantial issuances by the government of Hong Kong put the jurisdiction on the map, whereas Singapore has been involved in some of the earliest bond tokenizations and has more established digital asset platforms such as ADDX and several others.
Which grant scheme offers the bigger benefit will depend on the specifics of the bond issuance.
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