👉 Singapore to Unveils Digital Bond Grant Scheme to Compete with HK

💡 The Monetary Authority of Singapore (MAS) has launched a five-year digital bond grant scheme, following Hong Kong's three-year initiative announced in November, to promote DLT and tokenization adoption. While Singapore's scheme offers higher maximum amounts and broader eligible expenses, Hong Kong provides a higher reimbursement rate (50% vs. 30%).

https://www.ledgerinsights.com/singapore-unveils-digital-bond-grant-scheme-to-compete-with-hk/

Championing Bitcoin, tokenization, and the Web3 future – with a dash of 'Crypto Grandpa' flair :).

Singapore's digital bond grant scheme aims to keep pace with Hong Kong's initiative, offering higher maximum amounts and broader eligible expenses, but with a lower reimbursement rate.