Digital Assets

Emerging Prudential Risks

Basel Committee to Provide Updates on Crypto, Liquidity Reviews

By Manesh Samtani | 23/05/2026

The BCBS is progressing its review of crypto-asset standards and considering updates to its liquidity risk principles.

Clearing & Post-Trade

Hong Kong Set to Launch New Gold Clearing House By July

By Sanday Chongo Kabange | 22/05/2026

Hong Kong is set to launch a new gold clearing system by July, as officials outline a strategy to use the precious metal and a unified regulatory approach to bridge conventional and digital finance.

Cryptocurrency

Industry Bodies Urge MAS to Refine Crypto-Asset Framework

By Manesh Samtani | 22/05/2026

ISDA and ASIFMA have called for the removal of exposure caps and further clarifications on proposed rules for crypto-assets on permissionless blockchains.

Cryptocurrency

Hong Kong Tables Bill for OECD Crypto Tax Reporting Framework

By Sanday Chongo Kabange | 22/05/2026

The new legislation will require crypto-asset service providers to report transaction information to tax authorities starting in 2027.

Tokenisation

BOJ Signals Exploration of Tokenised Deposits Alongside CBDC

By Manesh Samtani | 22/05/2026

BOJ's Himino Ryozo outlined the central bank's multi-faceted approach to digital money, including a new exploration into tokenised deposits settled with tokenised central bank reserves.

Cryptocurrency

ASIC Licenses Crypto Firm Block Earner Despite Ongoing Court Battle

By Sanday Chongo Kabange | 22/05/2026

ASIC has granted a crypto firm its first credit licence, even as it continues to sue the company in the nation's highest court over a separate product.

Stablecoins

Tether Preparing to Enter South Korean Stablecoin Market - Reports

By Manesh Samtani | 22/05/2026

Tether has filed multiple new trademark applications in South Korea, signalling plans to establish a local business presence in the country.

Stablecoins

Kalshi, Polymarket Continue Accepting Indian Customers Despite Ban

By Nithya Subramanian | 21/05/2026

The platforms are onboarding Indian users despite a new law banning 'online money games' and a specific warning from MeitY.

Cryptocurrency

Japan's SBI and Rakuten Preparing to Introduce Crypto Investment Trusts

By Nithya Subramanian | 21/05/2026

SBI and Rakuten are developing bitcoin and ethereum investment trusts, with the FSA planning a new regulatory framework by 2028.