Daily Cuts - Kenneth Bok - Decentralising Finance
Melanie Oliveiro speaks with Kenneth Bok - consultant, investor, and author of 'Decentralizing Finance: How DeFi, Digital Assets and Distributed Ledger Technology Are Transforming Finance’. Bok will explain why his general approach and message generally aligns with the Monetary Association of Singapore's policy on cryptocurrencies - that they are risky and generally not suitable for retail investors. That said, he’ll also talk about stablecoins and how three of them are now regulated by the MAS, and how they can further financial inclusion. Bok will also discuss how his book explores the current state of decentralised finance (DeFi).