Tokenisation

Tokenisation

Taiwan FSC to Launch New Trading Platform for STOs

By Editors | 08/04/2019

In new laws expected in June, the FSC will initially allow firms to offer STOs offering interest payments as with bonds, and prohibit companies from offering equity-like tokens.

Custody & Infrastructure

Stock Exchange of Thailand to Launch Digital Asset Platform by 2020

By Editors | 15/03/2019

The SET says it will build a comprehensive digital asset ecosystem around the new platform as part of its digitalisation strategy, as the country approves its first ‘ICO portal’.

Tokenisation

DTCC Provides Guidance on Post-Trade Processing for Crypto Assets

By Garima Chitkara | 14/03/2019

New paper offers guiding principles on the provision of post-trade services for crypto assets, including on the governance and risk management structures needed to protect market stability.

Payments & Settlements

MAS’ Ravi Menon on Blockchain Misconceptions – Speech

By Manesh Samtani | 11/03/2019

In a recent speech, MAS managing director Ravi Menon shared his views on blockchain, common misconceptions and use-cases where the technology shows the most promise.

Tokenisation

Malaysia Consults on Frameworks for ICOs, Property Crowdfunding

By Editors | 08/03/2019

The ICO framework covers issuer eligibility, transparency in disclosures, and utilisation of proceeds. The property crowdfunding framework was first announced in Budget 2019.

Tokenisation

Thailand to Allow Scripless Issuance, Tokenisation of Securities

By Editors | 26/02/2019

The National Legislative Assembly has endorsed an amendment that will enable the scripless issuance and tokenisation of primary market securities, as early as this year.

Cryptocurrency

Philippines’ CEZA Issues New Rules for Digital Assets, Token Offerings

By Editors | 08/02/2019

The new regulations cover the acquisition of crypto assets, including utility and security tokens, as well as issuer requirements relating to registration, security and investor protection.

Tokenisation

Australia Solicits Comments on Regulatory Framework for ICOs

By Editors | 06/02/2019

A bespoke framework for ICOs can provide regulatory clarity and encourage economic activity, but the costs and benefits must be weighed, says a paper from Australia’s Treasury.

Cryptocurrency

Malaysia Restricts Crypto Activity Until New Guidelines in Place

By Manesh Samtani | 17/01/2019

Crypto exchange operators are prohibited from accepting new clients and ongoing ICO projects must return all client funds, until the securities regulator is ready to formally authorise their activities.