Digital Assets

Custody & Infrastructure

ASX Opens DLT-as-a-Service Platform for Production Use

By Editors | 21/11/2021

Synfini uses the same underlying technology as ASX’s replacement system for CHESS, but is offered as a cloud service to facilitate product innovation.

Emerging Prudential Risks

FSB Plenary Agrees Work Programme for 2022

By Manesh Samtani | 18/11/2021

The programme includes work around the response to Covid-19, NBFI resilience,  crypto/stablecoin/DeFi risks, climate risk, and the post-2008 crisis reforms.

CBDCs

A Regulatory Minefield: The Future of Digital Currency

By Mark Johnston | 18/11/2021

Digital currencies are the regulatory challenge of our time with significant upsides of financial inclusion, but also a minefield requiring careful navigation.

Payments & Settlements

Asia’s Payments Landscape Shines at Singapore Fintech Festival

By Mark Johnston | 16/11/2021

The Asian fintech scene witnessed a raft of new announcements at this year’s Singapore Fintech Festival held from 8-12 November 2021.

Cryptocurrency

Taiwan Formally Designates FSC as Crypto Industry Supervisor

By Editors | 16/11/2021

Cryptocurrency businesses will be listed under the category of “finance, insurance and real estate” and STOs will be listed under the securities firms subcategory.

Tokenisation

Japanese Investors to Gain Access to Digital Securities via ADDX

By Editors | 14/11/2021

Through securities broker Tokai Tokyo, ADDX (formerly iSTOX) will offer Japanese investors access to tradeable security tokens backed by real estate and other assets.

Cryptocurrency

Indonesia Religious Council Declares Crypto Assets Forbidden

By Editors | 12/11/2021

Crypto assets as a currency are considered haram, or banned, for Muslims, according to Indonesia’s National Ulema Council.

CBDCs

PBOC Seeks to Enhance CBDC Design and Functionality

By Manesh Samtani | 11/11/2021

The PBOC will improve the e-CNY’s settlement efficiency, privacy protection, anti-counterfeiting measures, and interoperability with existing payment tools.

CBDCs

MAS to Build Out CBDC Infrastructure, Technical Competencies

By Manesh Samtani | 10/11/2021

Speaking at Singapore Fintech Festival, MAS managing director Ravi Menon outlined three reasons MAS could issue to a CBDC, while also highlighting the associated risks.