Decentralised finance (DeFi)

THE BOTTOM LINE

What will central banks do when tokens replace money?

They may still be able to run monetary policy – but after a messy transition

World Liberty has been marketed as a DeFi lending platform, it has not become operational yet. So far, the project is known for purchasing niche tokens.

Trump’s World Liberty Financial plans to create ‘strategic’ token reserve

Trump’s sons, Donald Jr, Eric, and Barron, are all listed as Web3 Advisors to World Liberty Financial

Donald Trump has been a recent and vocal proponent of digital assets such as Bitcoin.

Trump crypto project gets US$30 million investment from Justin Sun

THE controversial China-born crypto entrepreneur Justin Sun has invested US$30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the decentralised f...

Aspen Digital attributes an increasing interest in altcoin exposure to the US Securities and Exchange Commission’s recent approval of Bitcoin and Ethereum exchange-traded funds.

Investors remain cautious on digital assets despite growing interest

A majority or 70 per cent of respondents said digital assets made up less than 5 per cent of their portfolio, says Aspen Digital report

The former president’s profile may make many more people aware of DeFi, proponents of which claim gains in efficiency resulting from cutting out traditional intermediaries such as banks.

Trump unveils crypto project, says US should dominate sector

DONALD Trump headlined an event billed as the unveiling of a crypto platform promoted by the Republican nominee and his sons, putting the spotlight on a niche sector of digital assets with a history o...

Contrary to expectations, Decentralised Finance has become a shortcut for a small number of people to make a fortune, get rich and line their own pockets.
THE BROAD VIEW

Finternet – the new financial architecture

The proposed system consists of ‘multiple financial ecosystems interconnected with each other, much like the Internet, designed to empower individuals and businesses by placing them at the centre of t...

A collaborative effort by MAS and industry players will explore potential decentralised finance applications in wholesale funding markets.

MAS partners foreign financial regulators on tokenisation of funding markets

THE Monetary Authority of Singapore (MAS) will be partnering financial regulators from Japan, Switzerland and the United Kingdom to advance digital asset pilots in fixed income, foreign exchange and a...

BIS and its partners, including the Monetary Authority of Singapore, will continue to explore the benefits and challenges of tokenisation and DeFi technologies.

Singapore concludes joint project using decentralised finance technology

THE Bank for International Settlements (BIS) and the central banks of France, Singapore and Switzerland have concluded a joint project that tested cross-border wholesale central bank digital currencie...

The US government has increasingly set its sights on decentralised finance, or DeFi as its known by the industry.

US CFTC focuses on DeFi platforms in latest crypto crackdown

THE US Commodity Futures Trading Commission (CFTC) brought enforcement actions against three decentralised finance (DeFi) firms and signalled that more may be coming.

Iosco's consultation paper outlines nine recommendations to address market integrity and investor protection concerns arising from DeFi.

DeFi activities should be regulated to prevent misconduct and protect investors: Iosco

Decentralised finance (DeFi) arrangements and activities should be regulated in a manner consistent with the aim of promoting investor protection and preventing the same types of misconduct and fraud ...