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

Stablecoins
South Korea Moves to Legalise Won-Based Stablecoins
By Nithya Subramanian | 25/07/2025
Lawmakers have introduced bills to enable Korean won-pegged stablecoins, regulate digital assets, and counter growing dominance of US dollar-backed equivalents.

Stablecoins
Koscom to Test Stablecoin Settlement for Security Tokens
By Editors | 19/07/2025
The KRX subsidiary will run a proof-of-concept to prepare capital market infrastructure for digital currency-based atomic settlement.

Tokenisation
ChinaAMC Launches World's First Tokenised Renminbi Fund in Hong Kong
By Editors | 18/07/2025
ChinaAMC has rolled out RMB and USD tokenised money funds, positioning them as yield-generating tools for anticipated stablecoins under new city rules.

Tokenisation
Tokenised Government Bonds Show Higher Liquidity - BIS Bulletin
By Editors | 14/07/2025
Early-stage tokenised government bonds exhibit tighter bid-ask spreads than conventional debt, but regulatory uncertainty remains a key hurdle for wider adoption.

Structural Regulation
Malaysia Gold Association Forms Shariah Board to Govern Metals Trading
By Nithya Subramanian | 12/07/2025
The new body, described as a world first, will set standards for products like bullion-backed sukuk and advise regulators to boost Malaysia’s Islamic finance status.

CBDCs
RBA Announces Participants for Next Phase of Digital Money Experiments
By Sanday Chongo Kabange | 10/07/2025
The RBA says 24 innovative use cases ranging from local fintechs to major banks have been conditionally selected for the next stage of Project Acacia.

Tokenisation
UK and Singapore Deepen Ties on Digital and Sustainable Finance
By Editors | 06/07/2025
Regulators to deepen collaboration on asset tokenisation and AI, while aligning on sustainable finance disclosures and capital market reforms.

Tokenisation
ISDA, Ant International Launch New Report Under MAS’ Project Guardian
By Nithya Subramanian | 04/07/2025
The report outlines design principles, risk mitigation strategies, and real-world use cases for using tokenised bank liabilities and shared ledgers for cross-border payments and FX settlement.

Tokenisation
SFC Grants Licences for Tokenised Securities to DigiFT
By Editors | 03/07/2025
Digital asset platform DigiFT has gained approval to deal in and advise on tokenised real-world assets, expanding its Asia footprint.

Emerging Prudential Risks
BIS Warns on Global Risks from Trade Tensions and Non-Bank Growth
By Manesh Samtani | 02/07/2025
BIS says fraying trade ties and a more interconnected, non-bank-led financial system are creating new vulnerabilities.
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