MAS Official: We've 'Learned a Lot of Lessons' in Crypto

According to Sopnendu Mohanty, Chief Financial Technology Officer of the Monetary Authority of Singapore (MAS), after "learning a lot of lessons" in the encryption field, Singapore's regulatory agency hopes to ensure the sustainability of the artificial intelligence industry. Mohanty said in an interview that MAS wants to "ensure that whatever artificial intelligence we adopt or promote, it will last for a long time." Mohanty added, "We have learned a lot of lessons in the entire cryptocurrency field, and it is not good to be too eager for success." (The block)