Digital Assets

Custody & Infrastructure

Financial Services Driving Growth in Singapore Blockchain Use

By Editors | 09/12/2020

The Singapore Blockchain Ecosystem Report 2020 says the use of blockchain in Singapore’s financial sector is driven by industry collaboration to address common pain points.

Trading & Investment

MAS Outlines Initiatives to Expand Financial Cooperation with China

By Editors | 08/12/2020

MAS and Chinese regulators are collaborating on RMB internationalisation, exchange-traded funds, digital finance and green finance.

Custody & Infrastructure

Singapore Launches National Blockchain Innovation Programme

By Editors | 07/12/2020

The initiative is aimed at further strengthening Singapore’s blockchain ecosystem and promoting the adoption of scalable and interoperable blockchain solutions.

CBDCs

HKMA, PBOC Prepare for Cross-border Testing of Digital Yuan

By Manesh Samtani | 06/12/2020

The HKMA is also exploring options to leverage the FPS to enable instantaneous cross-border payments, according to chief executive Eddie Yue.

Stablecoins

Libra Association to Launch Scaled-down Digital Currency in January

By Editors | 03/12/2020

The launch date depends on regulatory approval from FINMA, expected as early as January. A new name has been adopted for the association and the digital currency.

CBDCs

BIS Innovation Hub Completes Wholesale CBDC Experiment

By Editors | 03/12/2020

BIS Innovation Hub, the Swiss National Bank, and SIX compared the feasibility of issuing a wholesale CBDC versus linking the existing payment system to a distributed ledger.

Tokenisation

Malaysia Completes Bond Tokenisation POC in Offshore Market

By Editors | 03/12/2020

The POC demonstrated that digital bonds could be issued and managed on a blockchain, and its attributes allow for new service expansion offerings.

Anti-Money Laundering

Lessons from Cryptoassets in the Fight Against Financial Crime

By David Carlisle | 01/12/2020

Elliptic’s David Carlisle and Onchain Custodian’s El Lee discuss opportunities for the banking and cryptoasset industries to learn from one another in the fight against financial crime.

Structural Regulation

Lack of Electronic Solutions Hindering Capital Market Access: ASIFMA

By Editors | 30/11/2020

The report calls on government and regulators to facilitate greater use of e-signatures, virtual meetings, and other electronic solutions in Hong Kong and Singapore capital markets.