Davos 2021: Singapore senior minister on finding the dark horse in digital currency race
Finextra is at Davos this year, covering global insights into the impact fintech has on wider issues such as responding to Covid-19, restoring economic growth and advancing a new social contract.
In the face of new players developing stablecoins and alternative payment systems, Tharman Shangaratnam, senior minister of the government of Singapore, thinks the "old world" two-tier system of central and commercial banks need to catch up with this new reality.