Digital Assets

CBDCs

Seven Korean Banks to Start Testing Usage of Deposit Tokens

By Editors | 06/11/2024

The banks will establish wallets for users within the CBDC system and use them to issue deposit tokens, which the users can use to purchase goods and services.

Market Abuse

Korea to Prosecute Unfair Trading Case Involving Virtual Assets

By Editors | 05/11/2024

This is the first case of unfair trading referred for prosecution since the Virtual Asset User Protection Act came into force in July.

Custody & Infrastructure

Crystal Intelligence Highly Commended for Blockchain Analytics & Investigations Solution

By Editors | 05/11/2024

Crystal Intelligence Highly Commended in the Blockchain Analytics & Investigations Solution at the 2024 Regulation Asia Awards for Excellence

Anti-Money Laundering

Regulation Asia Awards for Excellence 2024 – Results Announcement

By Editors | 05/11/2024

Regulation Asia held its 7th annual Awards ceremony on 4 November 2024. Here we announce the winners in each category.

Stablecoins

Paxos Launches New US Dollar Stablecoin via Singapore Unit

By Nithya Subramanian | 05/11/2024

Paxos said the stablecoin, known as USDG, is designed to comply with Singapore’s upcoming stablecoin framework.

Tokenisation

SBI Digital Markets to Push Adoption of Tokenised Securities

By Nithya Subramanian | 05/11/2024

SBI Digital Markets will focus its efforts on building regulated frameworks to facilitate the end-to-end flow of tokenised securities.

Anti-Money Laundering

Thai SEC Directs Crypto Firms to Report Suspicious Transactions

By Editors | 05/11/2024

The SEC directive is a response to a case involving the alleged use of the USDT stablecoin to launder money.

Trading & Investment

HKEX to Digitalise ETP Creation and Redemption Process

By Sanday Chongo Kabange | 05/11/2024

HKEX will introduce a new web-based platform that will connect ETP participants through the use of distributed ledger technology and smart contracts.

Tokenisation

UBS Launches First Tokenised Money Market Fund

By Nithya Subramanian | 05/11/2024

The so-called uMINT fund UBS Asset Management’s first ever money market investment fund built on Ethereum distributed ledger technology.