SINGAPORE COMMITS S$220M TO FINTECH INNOVATION

Summary from the TLDR Fintech newsletter

The Monetary Authority of Singapore will invest US$173 million over three years to accelerate the development and adoption of technologies including AI, blockchain, quantum computing, and digital assets. The program will also fund shared infrastructure, attract global financial institutions, and support at least 1,000 fintech internships as Singapore builds on an ecosystem of more than 1,800 firms.