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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.

Tokenisation
Trade Bodies to Develop Disclosure Guidelines for Digital Assets
By Editors | 02/07/2024
Four trade associations have organised a Steering Committee to propose new disclosure guidelines for digital asset tokens offered in the US.

Cryptocurrency
US Treasury Finalises New Crypto-Tax Regulations
By Nithya Subramanian | 01/07/2024
While the new rule will go into effect for transactions starting in 2025, non-custodial brokers will be subject to a separate set of regulations.

CBDCs
HKMA, BDF To Collaborate on Cross-border CBDC Experiments
By Sanday Chongo Kabange | 28/06/2024
The HKMA and BDF will collaborate on cross-border transfers and settlement of tokenised assets.

Tokenisation
MAS Expands Project Guardian Initiatives to Scale Asset Tokenisation
By Nithya Subramanian | 28/06/2024
The financial regulator has also released a whitepaper on the design principles, objectives, considerations and potential uses of Global Layer One Initiative.

Tokenisation
France, Luxembourg Publish Results of Bond Tokenisation Project
By Editors | 26/06/2024
Project Venus highlighted the potential for wCBDC and DLTs to improve access, security, and efficiency of digital capital markets.

Custody & Infrastructure
UDPN Launches New Digital Currency Management Systems
By Manesh Samtani | 26/06/2024
One system was launched for commercial banks and regulated stablecoin issuers, and another to help FIs manage real-world asset tokenisation.

CBDCs
SNB Extends CBDC Project ‘Helvetia’ for Two More Years
By Editors | 24/06/2024
The SNB said it has become “the world’s first central bank” to carry out a monetary policy operation in a live production environment using DLT.

Tokenisation
Fractional Real Estate Sales Halted by Vietnam Regulator
By Mark Johnston | 19/06/2024
The SSC has halted fractional real estate sales in Vietnam by a securities firm, citing a lack of specific regulations and investor safety concerns.

Cryptocurrency
UPDATED – ASX to List First Bitcoin ETF, Joining Cboe Australia
By Editors | 14/06/2024
APAC CEO Arian Neiron said VanEck recognised bitcoin as an emerging asset class that “many advisers and investors want to access”.

Tokenisation
Benefits of Tokenisation Are “Overexaggerated”: WFE Paper
By Nithya Subramanian | 13/06/2024
The WFE says tokenisation work should continue, but that some of the benefits claimed are “overexaggerated”.
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