Digital Assets

Tokenisation

Tokenisation Is Revolutionising Markets, But One Element Is Still Missing

By Ralf Kubli | 13/10/2023

Ralf Kubli says standardised algorithmic definitions must be used to ensure the entirety of a tokenised asset’s collateral, liabilities, and cash flows are represented.

Stablecoins

Japan Consortium to Launch Digital Currency in July 2024

By Editors | 13/10/2023

A consortium of Japanese firms plans to launch the DCJPY, a digital currency backed by JPY bank deposits, by July 2024.

Tokenisation

JPMorgan Chase Launches ‘Tokenized Collateral Network’

By Editors | 12/10/2023

The first live transaction involved the use of tokenised shares in a BlackRock MMF as collateral in a bilateral OTC derivatives trade with Barclays.

Cryptocurrency

Malaysian Regulator Grants In-principle Approval to Fifth Digital Exchange

By Nithya Subramanian | 12/10/2023

Hata becomes the first platform to gain approval after the regulator restarted accepting applications for such exchanges.

PEPs & Sanctions

OFAC Sanctions Target Drug Trafficking, Crypto Abuse – Chainalysis

By Jill Wong | 10/10/2023

OFAC sanctions against several Chinese entities are an important step in preventing crypto abuse by criminal syndicates, Chainalysis says.

Cryptocurrency

UK FCA Issues 146 Alerts Against Crypto Firms

By Editors | 09/10/2023

The alerts came soon after new rules took effect prohibiting crypto firms from advertising to UK consumers without the FCA’s authorisation.

Tokenisation

Singapore Law Well-Placed to Support Digital Bonds Growth

By Jill Wong | 09/10/2023

Singapore law has what it takes to support the growth of the digital bonds market, say two Linklaters lawyers.

Cryptocurrency

Unregulated Crypto Could Create “Alternate Financial System”: IMF

By Nithya Subramanian | 09/10/2023

It has highlighted the need to step up transparency and data collection while proposing a country-level risk assessment matrix.

CBDCs

China Establishes CBDC Connectivity with Hong Kong FPS

By Editors | 07/10/2023

Members of the Hong Kong delegation at the Asian Games in Hangzhou are able to download the e-CNY mobile app and recharge their accounts via FPS.