Temasek Could Help to Give Libra the Boost it Needs

Singapore based investment firm Temasek has added their support to the Libra Association; its membership of the Libra Association will allow it “to contribute towards a regulated global network for cost-effective retail payments”, Chia Song Hwee, Temasek’s deputy chief executive said in a statement according to the FT; while initially showing skepticism about the project the Monetary Authority of Singapore said they would monitor the network and those that join it;  “The new version of the Libra white paper aims to correct a lot of those issues,” Zennon Kapron, Director of Asia-focused research group Kapronasia, said to the FT, adding it was unlikely that Temasek would join a project the MAS did not approve of. “With Temasek being the first Asian member, it could help cement Singapore as a fintech hub if the project is successful.” Financial Times

  • Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.