The New York Stock Exchange (NYSE) has filed a rule change with the SEC to enable the trading of tokenized securities on its main order book. This closely mirrors a March Nasdaq rule change that allows stocks tokenized by the DTC to be traded in the same way as conventional stocks. This is one step in NYSE’s …
NYSE files first SEC rule change on tokenization journey 閱讀全文 »
Earlier today the Hong Kong Monetary Authority (HKMA) announced that the first licensed stablecoin issuers will be HSBC and Standard Chartered joint venture Anchorpoint Financial. The two banks subsequently revealed contrasting stablecoin strategies. Anchorpoint Financial is taking a crypto-native approach, confirming public blockchain infrastructure and open ecosystem distribution. HSBC is extending its established digital assets playbook to …
HSBC, Standard Chartered’s contrasting strategies for Hong Kong stablecoin rollout 閱讀全文 »
HKMA grants initial licences under new law, prioritising risk controls and limiting approvals as the stablecoin framework takes shape. Key Highlights HKMA issues its first stablecoin licences to HSBC and Anchorpoint Financial Limited, marking the rollout of its regulatory regime. Only 2 of 36 applicants were approved, reflecting a cautious approach with a focus on risk management and viable use …
Hong Kong Advances Stablecoin Rules With First Licences 閱讀全文 »
The false positive problem in anti mone y laundering (AML) enforcement rarely makes headlines. Yet for every criminal that AML procedures identify, they generate tens of thousands of alerts that disrupt, delay or block entirely legitimate transactions. As SEC Commissioner Hester Peirce has observed, “the sledgehammer has become the tool of choice for monitoring for financial …
Standard Chartered has appointed Naveen Mallela as Global Head of Payments, effective 4 May. He will be based in Singapore and report to Mahesh Kini, Global Head of Cash Management. The role consolidates the bank’s Collections, Clearing and Payments teams into a single organization, reflecting growing client demand for end-to-end solutions across both traditional and on-chain …
Standard Chartered appoints JP Morgan’s Kinexys co-head to lead payments 閱讀全文 »
StanChart to be custodian, settlement agent for TP ICAP’s Fusion Digital Assets Standard Chartered has been appointed as digital asset custodian and settlement agent for TP ICAP’s Fusion Digital Assets platform, marking a significant operational step forward from the two firms’ initial collaboration announced in October 2024. That earlier announcement established connectivity between the two businesses, allowing …
Today the European Parliament held a vote on the European Central Bank’s (ECB’s) annual report. Two of the amendments added to the report shortly before the vote involved support for the digital euro (as first reported by EuroNews), effectively providing an indicative vote on the central bank digital currency, given legislative negotiations are ongoing. The result was …
Digital euro wins 420-158 backing in EU Parliament straw poll as right divides 閱讀全文 »
For years the Bank of Japan has operated a retail CBDC research initiative with seven working groups and 64 companies involved. That research has continued despite comments last year that there’s no need for a launch. In early February this year, as part of the ongoing CBDC Forum, central bank director Kazushige Kamiyama said that the …
Doha Bank has issued a $150 million Digitally Native Note (DNN) on Euroclear’s D-FMI distributed ledger platform, marking one of the first digital bonds listed on the London Stock Exchange’s International Securities Market. The floating rate note achieved same-day settlement. Standard Chartered acted as sole global coordinator and sole arranger for the transaction, with South …
Image by Ledger Insights Standard Chartered’s Hong Kong and Singapore subsidiaries today announced Today Standard Chartered in Hong Kong and Singapore announced the launch of tokenized deposit solutions through an integration with Ant International’s blockchain treasury platform Whale. While the bank first announced the collaboration a year ago, this marks the move from pilot to production. Between …
Standard Chartered launches tokenized deposit solution with Ant International 閱讀全文 »
