Digital Assets

Tokenisation

India Consults on Tokenisation Framework for GIFT City

By Nithya Subramanian | 07/03/2025

The IFSCA has released a consultation paper on the tokenisation of real-world assets, aiming to establish GIFT City as a global hub for digital asset innovation.

Custody & Infrastructure

MAS Grants MPI Licences to Units of Hex Trust, Matrixport

By Nithya Subramanian | 07/03/2025

Both Hex Trust and Matrixport received approval for their Singapore operations after receiving in-principle approvals last year.

DeFi & Web3

US Senate Votes to Overturn Tax Reporting Rule for DeFi Brokers

By Thisanka Siripala | 06/03/2025

The rule, if not repealed, will require DeFi brokers to report digital asset transactions and user data starting in 2027.

Custody & Infrastructure

Vietnam to Pilot State-run Platform for Trading Digital Assets

By Thisanka Siripala | 06/03/2025

Vietnam’s Ministry of Finance rejected an earlier proposal that would have allowed private firms to participate via a sandbox mechanism.

Stablecoins

Japan Regulator Approves Country’s First Stablecoin Licence

By Thisanka Siripala | 06/03/2025

SBI VC Trade has become the first company in Japan to obtain a stablecoin licence. Several other firms plan to launch stablecoins.

Cryptocurrency

US President Announces Plans to Establish Strategic Crypto Reserve

By Thisanka Siripala | 03/03/2025

The Strategic Crypto Reserve would include Bitcoin, Ethereum, XRP, Solana, and Cardano. Further details have not yet been disclosed.

Cryptocurrency

US SEC Declares Meme Coins Are Not Securities

By Thisanka Siripala | 03/03/2025

The US regulator issued a statement offering regulatory clarity on how meme coins are treated under securities regulations.

Cryptocurrency

US SEC Drops Cases Against Crypto Firms Including Coinbase

By Nithya Subramanian | 03/03/2025

Coinbase, Robinhood Crypto, Uniswap Labs, Gemini and OpenSea have all said SEC enforcement probes against them have ended.

Tokenisation

ChinaAMC HK Launches Asia-Pacific’s First Tokenised Retail Fund

By Mark Johnston | 01/03/2025

The fund introduces tokenised share classes, enabling investors to access critical information in real-time while benefiting from streamlined processes.