Tokenisation

Tokenisation

Taiwan Central Bank Warns Against Investing in NFT Market

By Darien Choong | 22/06/2022

NFTs are not suitable for retail investors, due to a lack of regulation, liquidity, and clarity over ownership, the central bank says.

Cryptocurrency

BIS Vision for Monetary System Doesn’t Include Crypto

By Manesh Samtani | 21/06/2022

BIS says crypto and DeFi have structural limitations and inherent risks that make them unsuitable for the future digital monetary system.

Trading & Investment

HKEX Targets Launch of Additional A-Share Products – Report

By Editors | 21/06/2022

HKEX will encourage investment banks to issue structured products such as derivative warrants based on the MSCI A50 index.

DeFi & Web3

‘Substantial Changes” Needed to Fully Reap Benefits of DeFi: BIS

By Sanday Chongo Kabange | 19/06/2022

A new BIS bulletin highlights a growing trend in DeFi to rely on forms of centralisation, and a need for it to ultimately fall within the regulatory umbrella.

Cryptocurrency

ADDX to Recognise Crypto Assets for Investor Onboarding

By Sanday Chongo Kabange | 14/06/2022

ADDX will begin recognising bitcoin and ether using a 50 percent haircut and stablecoin USDC using a 10 percent haircut.

Tokenisation

Hong Kong SFC Issues Warning on NFT-related Risks

By Editors | 06/06/2022

Some NFTs have ‘crossed the boundary’ between a collectible and a financial asset, which would bring them under the SFC’s remit and require licensing.

Tokenisation

UnionBank Issues Philippines’ First DLT-based Digital Bond

By Editors | 02/06/2022

The issuance follows a POC project to optimise bond issuance workflows between STACS and PDTC, the Philippines’ national CSD for debt and equities.

Tokenisation

SGX CDP Enables Access to DLT Bond Issuance Platform

By Editors | 02/06/2022

CDP has made available to market participants a blockchain-enabled bond issuance platform developed by Marketnode, a joint venture between SGX and Temasek.

DeFi & Web3

MAS to Study Use Cases of Asset Tokenisation, DeFi Protocols

By Editors | 31/05/2022

The first pilot, led by DBS, JP Morgan and Marketnode, will explore potential DeFi applications in wholesale funding markets and help inform regulatory policy.