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Coverage of regulatory requirements, technological advancements, and market trends in the secure storage and management of digital assets for institutions and retail investors.

Cryptocurrency
China Asset Management Applies to Launch Spot Bitcoin ETF in HK
By Editors | 09/04/2024
China Asset Management, one of the Mainland’s largest asset management companies, also has a cooperation agreement with HashKey.

Tokenisation
ESMA Calls on EU Commission to Clarify Aspects of DLT Pilot Regime
By Manesh Samtani | 08/04/2024
Four applications have been received and eight others are expected in 2024, but no authorisations have been granted under the Regime.

Cryptocurrency
MAS Grants MPI License to Crypto Market Maker GSR
By Nithya Subramanian | 05/04/2024
The new licence enables GSR Markets to offer marketing making and over-the-counter trading services in Singapore.

Payments & Settlements
ECB Announces Participants for Upcoming DLT Settlement Trials
By Editors | 05/04/2024
The first wave of trials will involve ten market participants, six market DLT operators, and five central banks.

Custody & Infrastructure
UK Sets Out Proposed Approach to Digital Securities Sandbox
By Editors | 04/04/2024
The sandbox will allow experimentation with DLT and “may lead to a new permanent regulatory regime for securities settlement”.

Cryptocurrency
New Requirements Commencing for Crypto Firms in Singapore
By Manesh Samtani | 02/04/2024
The amendments take effect in stages from 4 April 2024, with transitional arrangements for firms currently conducting activities under the expanded scope of the Payment Services Act.

Tokenisation
MAS to Clarify Regulatory Treatment of Tokenised Funds
By Ranamita Chakraborty | 28/03/2024
MAS is reviewing its regulatory framework to ensure it addresses the legal and regulatory implications of tokenised funds.

Tokenisation
HSBC Launches Tokenised Gold Product in Hong Kong
By Editors | 28/03/2024
The product allows investors to acquire fractional ownership of physical gold represented by tokens recorded on a distributed ledger.

Stablecoins
HKMA to Establish Regulatory Sandbox for Stablecoin Issuers
By Sanday Chongo Kabange | 13/03/2024
The HKMA will use the sandbox to communicate supervisory expectations and guidance on the issuance of fiat-referenced stablecoins in Hong Kong.

Custody & Infrastructure
Major FIs Conclude Blockchain Pilot on Canton Network
By Editors | 13/03/2024
Dozens of participating FIs settled transactions across 22 different permissioned blockchains that were connected to the Canton Network.
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