ADVERTISEMENT
News on regulatory considerations, market adoption, technical infrastructure and use cases for tokenising traditional assets like real estate, securities, and commodities on blockchain platforms.

Tokenisation
ICMA Releases DLT Settlement and Custody Guidance under Project Guardian
By Nithya Subramanian | 18/11/2025
The two reports published as an addendum to the Guardian Fixed Income Framework outline DvP settlement approaches and custody insights for tokenised debt markets.

Tokenisation
JPMorgan Launches USD Deposit Token for Institutional Clients on Public Blockchain
By Editors | 17/11/2025
The bank's JPM Coin, representing USD deposits, is now live on Coinbase's Base blockchain for 24/7 settlement.
Payments & Settlements
DBS, Ant International Expand Partnership on Cross-border Payments
By Nithya Subramanian | 17/11/2025
The new agreement links DBS PayLah! to Alipay+’s 150 million-merchant network and sets plans for near-instant remittances and SME-focused digital solutions.

Tokenisation
MAS Issues Updated Guide for Tokenised Capital Markets Products
By Nithya Subramanian | 17/11/2025
The guide sets out regulatory expectations for tokenised securities, stressing technology-neutral laws, disclosure of digital-asset risks, licensing needs, and obligations for intermediaries.

Custody & Infrastructure
Prescriptive Crypto Custody Rules May Create 'False Sense of Security'
By Manesh Samtani | 17/11/2025
Dea Markova, Director of Policy at Fireblocks, advocates for a technology-neutral 'defence in depth' approach over rigid hot and cold storage mandates.

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.
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.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.