Digital Assets

Cryptocurrency

ASIC Seeks to Require Crypto Firms to Obtain AFS Licence

By Thisanka Siripala | 26/09/2024

Commissioner Alan Kirkland said ASIC is seeking to bring crypto businesses into the existing financial regulatory framework.

Tokenisation

Digital Asset, DTCC Complete Pilot Test on Tokenised US Treasuries

By Sanday Chongo Kabange | 26/09/2024

Digital Asset, DTCC and other industry project participants executed 100 transactions using tokenised US Treasuries as collateral.

Cryptocurrency

Nasdaq Wins SEC Approval to List Options on Bitcoin ETF

By Editors | 25/09/2024

The options contracts on iShares Bitcoin Trust ETF still need to be approved by the Options Clearing Corp and the CFTC before trading can begin.

CBDCs

HKMA Commences Phase 2 of e-HKD Pilot Programme

By Manesh Samtani | 24/09/2024

Over 20 firms were selected to explore innovative use cases for e-HKD and tokenised deposits across three themes.

CBDCs

Korea to Start Testing CBDC Backed Deposit Tokens

By Editors | 24/09/2024

BOK will issue wholesale CBDC, which banks will convert to deposit tokens for use by 100,000 consumers for retail purchases.

Tokenisation

HSBC Tests Post-Quantum Cryptography With Tokenised Gold

By Manesh Samtani | 21/09/2024

HSBC pilot-tested the ability to move gold tokens across different ledgers while protecting against quantum computing attacks.

Cryptocurrency

DBS to Launch Crypto Options and Structured Notes

By Nithya Subramanian | 20/09/2024

DBS will allow eligible investors to use options trading and structured notes to gain or hedge exposures to Bitcoin and Ethereum.

Fraud, Scams & Cybercrime

US SEC Files First Charges Involving Romance Scams

By Nithya Subramanian | 20/09/2024

In the first charges of this type, the SEC alleges that fraudsters used social to lure investors to fake crypto platforms before stealing their money.

CBDCs

UK Banks Complete Experimental Phase of Digital Money Project

By Mark Johnston | 20/09/2024

UK Finance and its member banks have successfully completed the experimental phase of a tokenisation and CBDC platform.