Custody & Infrastructure

Tokenisation

SFC Issues Rules for Tokenised Securities and Investment Products

By Manesh Samtani | 03/11/2023

Tokenised securities have to meet the same requirements as traditional securities. Primary dealing of tokenised investment products will be allowed.

Tokenisation

HSBC Tokenises Ownership of Physical Gold

By Editors | 03/11/2023

HSBC has developed the capability to create a ‘digital twin’ of physical gold that is custodied in its London vault.

Tokenisation

Hong Kong Announces New Fintech Development Initiatives

By Editors | 02/11/2023

The initiatives include a new platform to facilitate retail fund distribution and enhancements to the regulatory framework for virtual assets.

Custody & Infrastructure

Thailand’s Kasikorn Bank Acquires Digital Asset Exchange

By Editors | 01/11/2023

Kasikornbank has also established a digital asset custodian, a digital asset fund management company, and a blockchain infrastructure development company.

Tokenisation

Malaysia’s Fusang Exchange Issues First Institutional Tokenised Sukuk

By Editors | 01/11/2023

The digital sukuk is os structured as a depositary receipt, backed by a sukuk issued by the International Islamic Liquidity Management Corp.

Tokenisation

BondbloX Opens Fractional Bond Trading Platform to Individual Investors

By Editors | 31/10/2023

Until now, only accredited and institutional investors have been allowed to access the BondbloX Bond Exchange platform.

Cryptocurrency

UnionBank Becomes First Philippine Bank to Obtain VASP Licence

By Editors | 31/10/2023

The bank said it will use the new licence to expand its offerings and provide clients a broader range of financial services powered by blockchain.

Cryptocurrency

Taiwan Lawmakers Introduce Bill to Regulate Crypto Sector

By Editors | 30/10/2023

The bill will introduce a licensing system for crypto firms, along with requirements to segregate client assets and protect customer funds.

Cryptocurrency

Hong Kong Sets Template for Rules on Ring-fencing Crypto Risks

By Georgina Lee | 26/10/2023

Panellists at the Ripple x Metaco Hong Kong Policy Summit discussed the evolution of Hong Kong’s regulatory framework for crypto assets.