MAS renews plan to establish KYC storehouse; HK and PBoC to collaborate on CBDC; MAS unleashes AI based compliance tool; BoT eases capital restrictions amid baht volatility
The past week has been momentous for crypto currency proponents, with social media giant Facebook wading into digital assets, but big corporates are unlikely to use it.
Just as others – including heavyweights IBM and JP Morgan – are racing into the cryptocurrency space, Citibank is getting out. Just how useful will this kind of tech be for corporate treasury?