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Cryptocurrency
Crypto Exchange Gemini Eyes Further Expansion in APAC Markets
By Manesh Samtani | 17/11/2025
Gemini is prioritising markets with clearer regulatory paths while localising products and navigating Asia's fragmented rulebooks, its APAC head says.
Tokenisation
MAS, Bundesbank Partner on Cross-Border Digital Settlement
By Nithya Subramanian | 15/11/2025
The pact aims to develop interoperable tokenised settlement solutions and streamline cross-border payments, FX and securities flows between Singapore and Germany.

Tokenisation
MAS to Launch SGD Testnet for Live Tokenised Settlement Trials
By Nithya Subramanian | 14/11/2025
MAS will launch a Singapore Dollar Testnet for tokenised settlements and expand cross-border projects under Project Guardian and BLOOM to advance interoperable digital finance.

CBDCs
Macau Digital Currency e-MOP Development Nearing Completion
By Mark Johnston | 14/11/2025
Monetary Authority confirms sandbox testing of the CBDC will follow, starting with a "whitelist" approach for pre-approved users.

CBDCs
MAS Completes First Live wCBDC Settlement on SGD Testnet
By Nithya Subramanian | 14/11/2025
The trial shows banks can settle interbank overnight lending using wholesale CBDC on the new SGD Testnet, paving the way for future issuance of tokenised MAS Bills.
Tokenisation
MAS to Trial Tokenised Bills, Expand AI Initiatives
By Nithya Subramanian | 14/11/2025
MAS announced trials for tokenised MAS Bills settled in wholesale CBDC, finalised rules for stablecoins, and new AI governance initiatives.

Tokenisation
Hong Kong Launches Live Pilot for Tokenised Deposits, Digital Assets
By Sanday Chongo Kabange | 14/11/2025
HKMA's new EnsembleTX project will test real-value settlement with major banks and asset managers, outlining a path to central bank money.

Stablecoins
Japan Stablecoin Issuers Could Become Major JGB Buyers – Report
By Sanday Chongo Kabange | 14/11/2025
The head of a new yen stablecoin issuer says digital asset firms could fill the void left by the BOJ's tapering in the JPY 1,055 trillion bond market.

Anti-Money Laundering
China's Capital Controls Fuelling Global Money Laundering Threat, RUSI Finds
By Manesh Samtani | 14/11/2025
A new paper finds Chinese Money Laundering Organisations are a dominant global force, but concludes there is no public evidence of Chinese state direction.

CBDCs
BIS: Public Payment Systems Boost Welfare But Could Raise Merchant Fees
By Manesh Samtani | 14/11/2025
A new BIS paper finds public options like CBDCs can improve financial inclusion but may disintermediate banks and increase merchant fees.
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