Currently there is no description available for Ravi Menon.
“We think the best approach is not to clamp down or ban these things. With crypto-based activities, it is basically an investment in a prospective future, the shape of which is not clear at this point. But not to get into this game, I think risks Singapore being left behind. Getting early into that game means we can have a head start, and better understand its potential benefits as well as its risks. If and when a crypto economy takes off in a way, we want to be one of the leading players. It could help create jobs, create value-add, and I think more than the financial sector, the other sectors of the economy will potentially gain.”
02 Nov 2021
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