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MAS’ Menon sounds caution on “current euphoria about fintech”

The Monetary Authority of Singapore (MAS)’s managing director, Ravi Menon, has said people should be wary of technologies such as peer-to-peer lending and cryptocurrencies amid what he calls the “current euphoria about fintech”. While Menon said that blockchain and big data analytics are promising, he warns investors about a possible collapse in the fintech bubble, according to a report from…

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