Digital Assets

CBDCs

BIS Report Outlines Common Foundation for Retail CBDCs

By Editors | 11/10/2020

Any decision to launch a CBDC would depend on an informed judgment that the risks can be managed, including the risk of disintermediating banks or enabling ‘digital runs’.

Cryptocurrency

UK FCA Bans Retail Sale Of Crypto Asset Derivatives

By Sanday Chongo Kabange | 08/10/2020

The ban covers contracts for difference, options, futures and exchange-traded notes referencing crypto assets, and will come into effect on 6 January 2021.

Tokenisation

Thailand: SET to Establish Digital Asset Trading Platform

By Sanday Chongo Kabange | 08/10/2020

The new platform will provide new fundraising channels for businesses and create opportunities for investors, as Thailand seeks to develop its digital economy.

CBDCs

PBOC Outlines Progress from Digital Yuan Pilot Tests

By Sanday Chongo Kabange | 07/10/2020

Over 113,300 personal and 8,000 corporate digital wallets have been opened as part of the ongoing DC/EP tests, according to PBOC deputy governor Fan Yifei.

Tokenisation

BOT Issues $1.6bn in Government Savings Bonds on Blockchain

By Editors | 07/10/2020

Leveraging IBM blockchain technology, Bank of Thailand’s platform reduces a process that previously took 15 days to two days.

Clearing & Post-Trade

ISDA, Digital Asset Launch CDM Clearing Pilot Using DAML

By Editors | 06/10/2020

Deploying the Common Domain Model for clearing using DAML will increase standardisation and operational efficiency across the entire clearing lifecycle.

CBDCs

ECB Starts Preparing for Possible Digital Euro Issuance

By Sanday Chongo Kabange | 06/10/2020

A decision has not been made to introduce a digital euro, but the ECB will commence experimentation to ensure it is prepared if it needs to do so.

Trading & Investment

Malaysian MSMEs Cross MYR 1bn Crowdfunding Mark

By Sanday Chongo Kabange | 06/10/2020

The SC highlighted a “considerable increase” in investor participation in markets via digital investment managers, ECF and P2P platforms, digital asset exchanges and online brokers.

Custody & Infrastructure

SSE, SZSE to Pilot Blockchain in Trading, Custody Systems

By Editors | 05/10/2020

The Shanghai and Shenzhen stock exchange have separately announced plans to test newly-developed blockchain systems in equity markets.