Project Orchid

Cancelled

Singapore

Central Bank(s)

Monetary Authority of Singapore

Announcement Year

2021

Status

Cancelled

Retail/Wholesale

Retail

Description

After launching a retail CBDC initiative, the MAS has decided that issuing retail CBDCs is not very relevant to Singapore at this time.

Link to announcement

www.mas.gov.sg

Link to whitepaper

www.mas.gov.sg

Timeline

Last update: March 2022

March 2022

Status updated

Research Cancelled

Updated data

Description: Singapore launched Retail CBDC initiatives After launching a retail CBDC initiative, the MAS has decided that issuing retail CBDCs is not very relevant to Singapore at this time.

Link to announcement: www.mas.gov.sg

November 2021

Status updated

None Research

Added data

Announcement Year: 2021

Retail/Wholesale: Retail

Description: Singapore launched Retail CBDC initiatives

Link to announcement: www.ledgerinsights.com

Link to whitepaper: www.mas.gov.sg

Country / Region: Singapore

Central Bank(s): Monetary Authority of Singapore

News

No recent news found for this currency.