Stanley Yong

Stanley Yong serves as the Chief Product Officer at Movmint, where he leverages his extensive background in finance and technology to drive product innovation within the realm of Central Bank Digital Currencies (CBDCs).

Professional Background

Yong has a notable history in the financial sector, having previously held the position of Executive Director and Head of Product Design at JP Morgan's Onyx business, which focuses on blockchain and digital asset solutions. Additionally, he was the Chief Technology Officer at IBM for their global blockchain initiatives and led the CBDC efforts at IBM. His career also includes co-founding Deloitte's Southeast Asia Blockchain Centre of Excellence, where he contributed to advancing blockchain technology in the region.

Before his roles in the private sector, Yong spent a decade at the Monetary Authority of Singapore (MAS) as an economist. There, he was instrumental in formulating strategies for retail e-payments and directing innovation projects, including Project Ubin, which explored the use of blockchain technology for payments.134

Expertise and Contributions

Yong's expertise spans central banking, economics, and technology, making him a key figure in discussions surrounding the future of digital currencies. He has articulated insights on CBDC development, emphasizing their potential to reshape monetary policy and financial systems. His work often focuses on the implications of CBDCs for interest rates and the broader economy, particularly in the context of evolving financial landscapes.23

Overall, Stanley Yong's multifaceted career positions him as a prominent leader in the intersection of finance and technology, particularly in the emerging field of digital currencies.