Digital Assets

Tokenisation

Euroclear Launches DLT-based Digital Securities Issuance Service

By Editors | 25/10/2023

The inaugural Digitally Native Notes were issued by the World Bank on LuxSE, raising €100mn to finance sustainable development activities.

Cryptocurrency

SG Court Allows Attaching of Tokenised Freeze Order to Crypto Wallets

By Editors | 24/10/2023

A court-issued freeze order was tokenised as NFTs and attached to wallets linked to a crypto hack.

Custody & Infrastructure

StanChart, Deutsche Complete First UDPN Proof of Concept

By Editors | 23/10/2023

The UDPN messaging system is designed to provide interoperability between stablecoins and CBDCs, similar to how the SWIFT network facilitates bank transactions.

Cryptocurrency

EBA, ESMA Consult on Suitability, Remuneration Under MiCA

By Editors | 23/10/2023

Joint guidelines cover suitability of management, owners and board members of crypto firms and stablecoin issuers. Separate EBA consultation covers remuneration policies.

Custody & Infrastructure

Key Takeaways from Australia’s Proposal for Regulating Digital Asset Platforms

By Angela Ang | 23/10/2023

Angela Ang says Australia’s proposal for regulating digital asset platforms meets a high regulatory bar while also supporting innovation.

CBDCs

HKMA Establishes New CBDC Expert Group

By Editors | 23/10/2023

The Expert Group comprises faculty members of five local universities, who will support the HKMA’s exploration of key policy and technical issues surrounding CBDC.

Anti-Money Laundering

Cash-for-crypto Shops Need Regulation, Says HK Customs Official

By Editors | 23/10/2023

A regulatory regime for OTC crypto exchange shops is currently being considered by authorities, according to Commissioner Louise Ho.

Custody & Infrastructure

SC Malaysia Grants In-principle Approval to Digital Asset Custodian

By Editors | 22/10/2023

With a full licence expected within six months, Gambit Custody will become just the second firm with a digital asset custodian licence in Malaysia.

Cryptocurrency

US SEC Drops Lawsuit Against Ripple Executives

By Editors | 22/10/2023

Analysts say the move will ultimately allow the SEC to appeal the court’s earlier decision about XRP not being a security sooner.