ESMA warns of concentration risks and inadequate transparency, but says MiCA will help address such issues.
April 12, 2024Despite commonalities in the regulatory efforts across jurisdictions, the regulatory landscape remains "diverse and fragmented", the paper says.
April 11, 2024ISDA, GFMA, FIA and other trade bodies say banks should not be penalised for trying to innovate with public permissionless blockchains.
April 4, 2024BCG, DLA Piper, HKT Payment Limited, paywith.glass, VSFG and ZA Bank say CBDC, tokenised deposits and stablecoins will add HK$160bn to Hong Kong's GDP by 2032.
March 25, 2024Innovation associated with DeFi, provided in a regulated and compliant form, could offer possible financial inclusion benefits such as in MSME financing.
March 21, 2024Clarity is needed on the scope of activities captured by the regime, how stablecoins will fit into the regime, and how professional investors will be treated.
March 7, 2024The sandbox contains technologies for CBDC, tokenised deposits, stablecoins, purpose-bound money, and security and bond tokenisation systems.
March 5, 2024Restrictions on property transactions removed. Property lending requirements eased. HK$100mn pledged to promote financial services.
February 28, 2024The regulations cover penalties, criteria for significant, EBA supervisory fees, and product intervention powers.
February 28, 2024The paper discusses four stablecoins - USDC, USDT, BUSD, DAI - using the events of March 2023 when SVB collapsed as a case study.
February 27, 2024