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Crypto / Digital Assets
UBS Launches First Tokenised Money Market Fund
By Nithya Subramanian | 05/11/2024
The so-called uMINT fund UBS Asset Management’s first ever money market investment fund built on Ethereum distributed ledger technology.

Crypto / Digital Assets
Citi and Fidelity International Announce PoC of On-chain MMF
By Editors | 04/11/2024
The solution, a tokenised MMF with an embedded digital FX swap, can “enable faster, seamless management of treasury positions, eliminate delays and improve efficiency”.

Crypto / Digital Assets
Canton Network Wins Digital Assets Industry Collaboration of the Year
By Editors | 04/11/2024
The Canton Network was awarded the Digital Assets Industry Collaboration of the Year award at the 7th Regulation Asia Awards for Excellence 2024.

Press Release
ANNA Receives High Commendation for Industry Collaboration on Digital Assets
By Editors | 04/11/2024
ANNA was Highly Commended for its Industry Collaboration on Digital Assets at the 7th Regulation Asia Awards for Excellence 2024.

Press Release
Meta Alpha Receives High Commendation at 2024 Regulation Asia Awards
By Editors | 04/11/2024
Meta Alpha was Highly Commended in the Boutique Digital Assets Advisory Firm of the Year category at the 7th Regulation Asia Awards for Excellence 2024.

Crypto / Digital Assets
MAS Unveils New Initiatives to Promote Tokenisation in Financial Services
By Nithya Subramanian | 04/11/2024
The initiatives include establishing a multi-member network to help FIs commercialise their tokenisation trials and providing access to a SGD wCBDC for market testing purposes.

Crypto / Digital Assets
Taiwan to Implement New VASP Registration System on 30 November
By Editors | 03/11/2024
The FSC is also drafting a new special law for virtual assets, covering areas such as licensing, consumer protection, capital requirements, and trading behaviour.

Sanctions
BIS Announces Decision to Exit mBridge CBDC Project
By Editors | 03/11/2024
Agustín Carstens said BIS is not leaving mBridge because of political considerations but instead because it is “at a level where the partners can carry it on by themselves.”

Enforcement
Global Operation Dismantles Major Malware Operations: Eurojust
By Nithya Subramanian | 02/11/2024
Authorities shut down servers and seized domains linked to RedLine and META, which stole personal data from millions of victims worldwide.

Crypto / Digital Assets
FTX’s Former Engineering Director Spared Prison Time
By Nithya Subramanian | 01/11/2024
Nishad Singh has avoided prison time after cooperating with prosecutors. But the court has ordered him to pay $11bn in restitution.
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