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Tag: tokenized deposits

Seven fintech startups from Money20/20 Asia

This week saw Money20/20 return to Asia as a large-scale fintech and payments event. The organizers showcased seven fintech startups from around Asia Pacific. In...

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Big Banks Show FOMO and Seek a Slice of the Bitcoin ETF Action

The interest in spot Bitcoin ETFs among financial institutions such as banks and brokerages is surging as they push for the Securities and Exchange...

7 Real World Asset Trends in 2024 That Will Unlock the Future of Finance

These RWA trends herald a new era in finance, offering solutions to longstanding challenges. While their market capitalization may seem modest now, their transformative...

Blockchain Technology: The Future of Finance or a Distant Dream?

Blockchain has emerged as a transformative force, promising to reshape the very foundations of capital markets. As we navigate through this era of unprecedented...

New CBDC Pilot Goes Into Second Phase in Hong Kong As Government Explores Tokenization and Programmability – The Daily Hodl

The Hong Kong Monetary Authority (HKMA) is entering the second phase of its e-HKD (e-Hong Kong dollar) pilot program, testing use cases for a...

After HKEX’s Synapse, what’s next for exchanges?

Hong Kong Exchanges and Clearing (HKEX) launched its Synapse platform this week, enabling global fund managers to operate within the same-day settlement times of...

Hang Seng Bank’s CBDC pilots take wing

The Hong Kong Monetary Authority has recently closed sixteen proofs of concept for a central-bank digital currency, the eHKD. Hang Seng Bank was chosen...

Weekly Market Wrap: Nomura’s Bitcoin Fund, Citigroup blockchain move fail to lift Bitcoin above US$27,000

Bitcoin rose 0.77% from Sept. 15 to Sept. 22, to US$26,647 as of 8:30 p.m. Friday in Hong Kong. The world’s largest cryptocurrency by...

Cryptocurrency Regulatory and Legislative Analysis #11

Cryptocurrency Regulatory and Legislative Analysis #11July 5, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALBasel Committee on Banking Supervision publishes guidelines for cryptoassets treatment The...

CBDC rollouts will require central banks to ski off-piste

There’s no rulebook for how a central bank should set up its own digital currency. It’s trial and error. So far, it’s been mostly...

Hong Kong, UAE Central Banks Coordinate on Crypto Regulations – Decrypt

The central banks of Hong Kong and the United Arab Emirates have announced plans to strengthen their financial cooperation—and work together on regulating virtual...

Ripple looks to Asia for growth in blockchain finance

There’s a landgrab going on among fintechs, commercial banks, central banks, and crypto players to seize the commanding heights of Web3 – the next...

Ripple joins Hong Kong CBDC pilot, partners with Fubon Bank

Ripple Labs has launched a new payment platform for a central bank digital currency (CBDC) in Hong Kong. The San Francisco-based payment protocol and...

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