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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.

CBDCs
WFE Highlights Critical Role of CBDCs in Advancing Tokenisation
By Nithya Subramanian | 28/04/2025
New policy paper says CBDCs have the potential to drive tokenisation if appropriate investment and legal updates are made.

Stablecoins
Pakistan, Malaysia to Develop Shariah-aligned Digital Assets Framework
By Nithya Subramanian | 26/04/2025
The two countries will collaborate to develop global standards for Sharia-compliant digital assets such as halal stablecoins and tokenised sukuk.

Tokenisation
BIS Publishes Findings from Project to Tokenise MDB Promissory Notes
By Manesh Samtani | 24/04/2025
Project Promissa developed a DLT platform for tokenised promissory notes, enabling more efficient management of the notes throughout their lifecycle.

Tokenisation
JSDA Revises OTC Rules to Accommodate Security Tokens
By Thisanka Siripala | 24/04/2025
The rule revisions add trust beneficiary securities to the J-Ships programme and clarify procedures for issuing security tokens.

CBDCs
BOK to Expand CBDC Pilot to Include P2P Transfers
By Mark Johnston | 24/04/2025
BOK is set to widen its digital currency trial by adding person-to-person transfers and a digital welfare voucher system.

Cryptocurrency
Thailand SEC Revises Advertising Rules for Crypto, Digital Tokens
By Sanday Chongo Kabange | 22/04/2025
The revised advertising rules improve the size and format of warning text, which should cover both cryptocurrency and digital token products.

Tokenisation
Japan FSA Introduces Framework for Professional Token Sales’
By Thisanka Siripala | 17/04/2025
Crypto exchanges that facilitate “professional token sales” are required to verify that buyers are qualified institutional investors.

Custody & Infrastructure
Thai SEC Seeks Feedback on Digital Asset Disclosure Rules
By Mark Johnston | 11/04/2025
Thai SEC aims to bolster oversight and risk monitoring of digital asset businesses through updated data collection guidelines.

Tokenisation
Regulatory Fragmentation Hindering Growth of Tokenised Finance – Report
By Thisanka Siripala | 10/04/2025
Regulatory fragmentation, cross-platform settlement and token contract standardisation are the key challenges to to widespread adoption of tokenised financial assets.

Tokenisation
Euroclear Joins HKMA’s Tokenisation Initiative, Project Ensemble
By Editors | 09/04/2025
Euroclear is joining as an Architecture Community member. HKMA also welcomed six new firms to the Ensemble Sandbox.
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