MAS and BoJ announce fintech push

Singaporean and Japanese central banks establish centres aimed at developing hyped sector

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Singapore in new fintech drive

Two of Asia's premier central banks announced the establishment of separate financial technology centres today (April 1), signalling intentions to ratchet up activity in a fast-moving area where central banks have been accused of dragging their feet.

The Monetary Authority of Singapore (MAS) revealed it will set up a fintech office in collaboration with the National Research Foundation (NRF), which will serve as a "one-stop virtual entity for all fintech matters and to promote Singapore as a

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