Blockchain

Bank of Japan to experiment with blockchain settlement for reserves, Governor Ueda says

Using blockchain technology would allow scope for instant settlement 24 hours a day

Many banks say they are also mindful of digital assets’ potential to reshape customer behaviour, and want to stay at the forefront of development.

US banks build tokenised deposit network to guard their turf

The full service is expected to be available for customers of the banks involved in the fourth quarter

HSBC’s Orion platform has been used for the issuance of over US$3.5 billion in digitally native bonds globally.

UK’s digital bonds to be issued using HSBC blockchain platform

The plans also come as large financial institutions around the globe ramp up efforts to tokenise other financial instruments

Maybank unveiled  a five-year roadmap unveiled  that commits RM10 billion (S$3.2 billion) to technology investments.

Malaysia’s Maybank, Yinson launch first tokenised ringgit pilot for Asean cross-border payments

The project is conducted under Bank Negara Malaysia’s Digital Asset Innovation Hub

Since Vince took the helm in 2022, the bank has embarked on a massive transformation that includes streamlining client services, heavy investments in AI, and reorganising the bank’s operating model.

BNY deepens AI, digital asset embrace as it enters next phase: CEO Robin Vince tells BT

The New York-based bank has invested heavily in AI and culture transformation and is ready for its next stage, says Vince in an exclusive interview

Stablecoins operating on newer blockchains – such as Tether – are optimised for speed and throughput, but the transaction-processing capacity of blockchain-based technologies will always be subject to constraints.

Who’s afraid of stablecoins?

Ignore the hype – retailers and wholesalers cannot rely on this digital currency

The launch of a digital Singdollar will further cement Singapore’s reputation as a leading global financial centre at the forefront of future technologies.

Future of money: Piyush Gupta makes the case for a digital Singapore dollar

Now is when our country can secure a first-mover advantage – and shape the new financial order

CEO Ziad El Chaar says that construction on one of Dar Global’s most high-profile Trump-branded projects, the tower in Dubai announced in April, could start on site as early as this week.

Saudi developer wants to sell Trump hotel tokens to US retail investors

Dar Global is in talks with The Trump Organization about the crypto aspects of the Maldives project

Tokenisation promises to unlock new frontiers.
THE BROAD VIEW

Asset tokenisation is no longer optional for financial institutions

International cooperation to develop regulatory frameworks and ensure strong investor protection is key to scaling this new system and building industry trust

Digital currencies are emerging as the foundational settlement layer for a tokenised economy.
FUTURE OF FINANCE

Asia’s digital asset frontier

The region’s digital asset revolution doesn’t require abandoning financial discipline, it requires upgrading trust for the digital age