Custody & Infrastructure

Custody & Infrastructure

KoFIU Outlines Expectations for VASPs Facing Business Closure

By Editors | 22/11/2023

VASPs planning to terminate their services should give users at least one month notice and ensure users’ assets are protected.

Custody & Infrastructure

GBBC Announces Merger with US Blockchain Coalition

By Editors | 18/11/2023

The US Blockchain Coalition will become a national initiative of GBBC, which will have nearly 600 institutional members post-merger.

CBDCs

MAS Unveils Digital Money Blueprint, Plans for Wholesale CBDC

By Manesh Samtani | 16/11/2023

Four new digital money trials will commence with industry players, and MAS will pilot the “live” issuance of wholesale CBDCs for the first time next year.

Cryptocurrency

NYDFS Finalises Enhanced Requirements for Crypto Token Listings

By Editors | 16/11/2023

New guidance enhances the risk assessment standards in coin-listing policies and requires licensees to also develop coin-delisting policies.

Tokenisation

MAS Launches New Tokenisation Initiatives Under Project Guardian

By Editors | 16/11/2023

Five new industry pilots have been initiated. A new funds workstream and new digital infrastructure initiatives being launched.

Tokenisation

UBS, SBI, DBS Use Digital Bond in Cross-border Repo Trade

By Manesh Samtani | 15/11/2023

The transaction involved a repo to borrow tokenised JPY against a natively-issued JPY digital bond. The tokenised JPY was used to finance the repurchase of the same bond.

Tokenisation

SC Ventures, FundBridge to Create First Tokenised SGD Government Bond Fund

By Editors | 15/11/2023

FundBridge Capital will use a new tokenisation platform known as Libeara to create the tokenised Singapore dollar government bond fund.

Custody & Infrastructure

ChainUp Awarded Best Institutional Custody Solution for Digital Assets 

By Editors | 14/11/2023

The judging panel described ChainUp Custody as a “robust” solution that helps to minimise regulatory risk and offers significant flexibility

Custody & Infrastructure

First Digital Asset Custodian Services Launched in Malaysia

By Nithya Subramanian | 10/11/2023

CoKeeps, a homegrown  firm, offers security features that safeguard against both external and internal threats.