Five banks have been working with the Monetary Authority of Singapore (MAS) to flesh out its vision of the Global Layer One (GL1)...
Latest
Stablecoin firm StraitsX, partners Alipay+, Grab for cross border settlement
Singapore stablecoin firm StraitsX has launched a cross border settlement solution in conjunction with Singapore GrabPay merchants and...
The spark for a stablecoin sector explosion? Robinhood joins Paxos stablecoin network
Paxos is the issuer of the PayPal PYUSD and its own stablecoins, including the new Singapore regulated ‘global dollar’. Today it...
HKEX to use smart contracts, DLT to automate ETP issuance, redemption
Today the Hong Kong Exchanges and Clearing (HKEX) announced plans to automate the creation and redemption of some exchange traded...
City of Lugano issues third digital bond via SDX
The Swiss City of Lugano has issued a CHF 120 million ($139m) digital bond, its third. The city now issues its bonds exclusively via the...
SBI Digital Markets to pilot tokenized ABS as part of Project Guardian
Singapore’s SBI Digital Markets (SBI DM) has expanded its trials as part of the Project Guardian tokenization project. To ensure maximum...
Citi, Fidelity Intl combine money market fund tokenization with FX swaps
As part of Singapore’s Project Guardian which explores tokenization, Citi and Fidelity International have developed a solution that...
Singapore’s MAS expands Guardian vision for commercializing asset tokenization
The Monetary Authority of Singapore (MAS) has been a trailblazer in real world asset (RWA) tokenization, with the creation of Project...
Paxos issues ‘global dollar’ stablecoin USDG out of Singapore. Partners DBS
Last July Paxos Global confirmed it received the regulatory go ahead from the Monetary Authority of Singapore (MAS) to issue a...
UBS issues tokenized USD money market fund using Ethereum tech
Today UBS Asset Management announced the launch of its “UBS USD Money Market Investment Fund Token” (“uMINT”) which is “built on...
Huawei mobile OS Harmony embeds digital yuan so don’t need CBDC app
After the U.S. government blocked Google from working with Chinese technology firm Huawei, it developed its own operating system...
Digital asset exchanges from six Asian countries form alliance
During the Blockchain Week in Busan Korea, six digital asset exchanges unveiled the “Asia Digital Asset Exchange Alliance”. Mostly of...