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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.

Cryptocurrency
Major Japanese FIs Call on FSA to Allow Crypto ETFs
By Thisanka Siripala | 07/11/2024
MUFJ Trust Bank, Nomura, Daiwa Securities, and bitFlyer are among calling for the introduction of crypto ETFs in Japan to enhance its global competitiveness.

Tokenisation
ADDX, ANZ to Pilot Tokenised Commercial Paper Using Chainlink CCIP
By Nithya Subramanian | 07/11/2024
Commercial paper was chosen due to its short-term nature, which makes it possible to showcase the entire asset lifecycle within the pilot.

Tokenisation
FCA, MAS to Explore Regulatory Considerations for Tokenisation
By Manesh Samtani | 07/11/2024
The FCA and ICMA welcomed reports released by MAS this week offering tokenisation frameworks for funds and fixed income securities.

Tokenisation
SBI Digital Markets to Push Adoption of Tokenised Securities
By Nithya Subramanian | 05/11/2024
SBI Digital Markets will focus its efforts on building regulated frameworks to facilitate the end-to-end flow of tokenised securities.

Tokenisation
UBS Launches First Tokenised Money Market Fund
By Nithya Subramanian | 05/11/2024
The so-called uMINT fund UBS Asset Management’s first ever money market investment fund built on Ethereum distributed ledger technology.

Tokenisation
Citi and Fidelity International Announce PoC of On-chain MMF
By Editors | 04/11/2024
The solution, a tokenised MMF with an embedded digital FX swap, can “enable faster, seamless management of treasury positions, eliminate delays and improve efficiency”.

Custody & Infrastructure
ANNA Receives High Commendation for Industry Collaboration on Digital Assets
By Editors | 04/11/2024
ANNA was Highly Commended for its Industry Collaboration on Digital Assets at the 7th Regulation Asia Awards for Excellence 2024.

Tokenisation
MAS Unveils New Initiatives to Promote Tokenisation in Financial Services
By Nithya Subramanian | 04/11/2024
The initiatives include establishing a multi-member network to help FIs commercialise their tokenisation trials and providing access to a SGD wCBDC for market testing purposes.

AI Risk & Governance
MAS Establishes New Entity to Drive Next Phase of FinTech Growth
By Editors | 30/10/2024
MAS said the “Global Finance & Technology Network” will drive greater synergies within the global finance and technology communities for innovations in financial services.

Tokenisation
SFC, Exchanges See Blockchain as New Capital Market Backbone
By Georgina Lee | 30/10/2024
Hong Kong now looking at commercialising tokenised instruments to help address the pain points of the traditional financial market, said the SFC’s Elizabeth Wong.
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