Digital Assets

CBDCs

China Launches e-CNY ‘Hard Wallet’, Resembling Convential Credit Card

By Editors | 12/11/2024

The PBOC hopes the card, aimed at seniors, students, and foreign visitors in China, will expand accessibility to and adoption of the e-CNY.

Cryptocurrency

Korea’s New Virtual Asset Committee Holds First Meeting

By Nithya Subramanian | 11/11/2024

A key issue discussed was enabling corporate entities to participate in the domestic virtual asset market rather than using overseas platforms.

Custody & Infrastructure

UBS Pilots Digital Cash for Cross-Border Payments

By Nithya Subramanian | 11/11/2024

UBS Digital Cash is aimed at boosting efficiency, transparency, and liquidity management for corporate and institutional clients.

CBDCs

RBA Invites Industry to Participate in Digital Money Experiments

By Editors | 11/11/2024

The project will explore how different forms of digital money and associated infrastructure could support the development of wholesale tokenised asset markets in Australia.

Cryptocurrency

Taiwan: New Rules for Crypto to Enter into Force in Jan 2025

By Editors | 11/11/2024

The new rules will cover VASP registration, custody of fiat currency, information security, complaints handling, record keeping, and other areas.

Custody & Infrastructure

Anchorage Digital Secures Crypto Licence in Singapore

By Mark Johnston | 11/11/2024

The licence enables Anchorage Digital to offer custody, staking, trading, and settlement services for crypto in Singapore, along with fiat on and off ramps.

CBDCs

BOK, FSC Sign MoU to Implement Deposit Token Test Project

By Editors | 10/11/2024

Seven banks will issue CBDC-backed deposit tokens that can be used as digital vouchers for users to spend on culture, education and other purposes.

Payments & Settlements

StanChart Using Ant’s Blockchain Platform for Instant Treasury Management

By Nithya Subramanian | 08/11/2024

OCBC also signed an MoU with Ant International to use its Whale platform for enable real-time cross-border payments.

Cryptocurrency

Japan to Introduce New Legislation to Safeguard Crypto Assets

By Thisanka Siripala | 08/11/2024

Legislation will require foreign-based crypto exchanges facing financial distress to maintain crypto assets belonging to domestic investors in Japan.