157 days ago • Posted by William Ramstein

In Southeast Asia most e-money license holders are nonbanks

Indonesia, Thailand and Malaysia shows that more nonbanks hold e-money licenses. The Philippines are the exception. In Singapore, it is unclear how many nonbanks issue e-money, but an estimate shows that at least 126 nonbanks issue e-money due to open provisions by their central bank. Source: S&P Global MI

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