Stablecoins must be fully backed, redemption at par must be available at all times, and issuers must be licenced. Algorithmic stablecoins will not be accepted.
February 1, 2023The guidelines include templates firms can use to apply for permission to operate DLT market infrastructure under the EU's DLT Pilot Regulation.
December 23, 2022BOK tested the use of its CBDC system to purchase NFTs, perform cross-border remittances, fulfill seizure orders, and automate AML/CFT monitoring and STR filings.
November 8, 2022The Bank of Thailand said the new blockchain-based system has passed its regulatory sandbox process after being tested by 18 commercial banks.
October 31, 2022The mBridge project team will continue working to get to a minimum viable product that can be used by early adopters next year.
October 27, 2022Project Genesis 2.0 prototypes provided investors real-time transparency on the environmental impact of the use of proceeds from green bonds.
October 25, 2022Four state-owned banks have been asked to help manage Saigon Commercial Bank after it experienced a bank run.
October 20, 2022The D7 platform allows FIs to issue digital financial instruments, providing an alternative to conventional physical issuance and securities processing.
September 22, 2022The revisions follow rule changes made last year to prevent convertible bonds from being used to unfairly dilute small shareholders.
September 9, 2022Security token guidelines will be published in Q4 2022, and rule changes will be made next year to establish a system for issuance and distribution.
September 8, 2022