Image by Ledger Insights Last July Standard Chartered Bank Hong Kong announced a collaboration with Hong Kong Telecom (HKT) and web3 firm Animoca Brands to explore stablecoin issuance as part of a Hong Kong sandbox. Now the bank says it is creating a joint venture with the same partners in order to apply for a license …
StanChart forms JV for HK stablecoin with HK Telecom, Animoca Brands 閱讀全文 »
Image by Ledger Insights As part of a recent Deutsche Börse paper on the European capital markets union, the company called for a permanent wholesale CBDC (wCBDC). This follows a series of wholesale DLT settlement trials that ended last November. Twice during the last couple of weeks, ECB Director Piero Cipollone has stated that a short …
ECB responds to market calls for permanent wholesale CBDC including from Deutsche Börse 閱讀全文 »
Image by Ledger Insights Standard Chartered has partnered with Singapore stablecoin issuer StraitsX to provide cash management and custody services for two of its stablecoins in Singapore dollars and US dollars. StraitsX provides the most popular Singapore dollar stablecoin XSGD and has been involved in numerous trials run by the Monetary Authority of Singapore (MAS), including …
Image by Ledger Insights During the past week Circle’s President Heath Tarbert visited Korea and held meetings with the central bank and big four commercial banks, KB Kookmin, Shinhan, Hana and Woori. Multiple news outlets reported that Circle has no intention of participating in the issuance of a won stablecoin. Instead, Mr Tarbert aimed to …
Circle exec’s Korean visit: no plans to issue a won stablecoin 閱讀全文 »
Image by Ledger Insights Three organizations based in the Netherlands are collaborating on the issuance of a MiCAR compliant euro stablecoin, EURQ. Technically, it’s an ‘electronic money token’ (EMT). Stablecoin firm Quantoz Payments is partnering EU multilateral trading facility NPEX and its blockchain partner Dusk, aiming to support regulated finance on the Dusk blockchain. EURQ already …
Stock exchange NPEX partners Tether backed stablecoin firm Quantoz Payments 閱讀全文 »
Image by Ledger Insights Taurus, the tokenization and digital asset custody technology firm, has unveiled a new open source standard for private token transactions on permissionless blockchains. It developed the open source standard for smart contracts in association with the Aztec Foundation that oversees the Layer 2 blockchain protocol, which uses zero knowledge proofs (ZKP) …
State Street’s tokenization partner floats private token standard for public blockchains 閱讀全文 »
Image by Ledger Insights Today Hong Kong’s Securities and Futures Commission (SFC) published a 12 point ASPIRe roadmap for the territory to become a global digital asset hub. Until October last year, it had licensed two cryptocurrency exchanges. That figure rose to ten yesterday with the licensing of Bullish, the exchange founded by Block.one and …
Hong Kong’s unveils roadmap to become global digital asset hub 閱讀全文 »
Image by Ledger Insights Last week Thailand’s Finance Minister Pichai Chunhavajira said the government plans to issue Baht 5 billion ($148m) in government bonds directly to the public by the end of the fiscal year (September 30). The initial issuance will be treated as a sandbox project and tradable on a digital bond platform, perhaps …
Thailand plans $148m tokenized government bond issuance by October 閱讀全文 »
Image by Ledger Insights Brazil’s Braza Group has launched a Brazilian Real stablecoin BBRL. The issuance is particularly significant because its primary activity is as a foreign exchange (FX) bank. During the first half of 2024 it was involved in US$30 billion of transactions. It ranks sixth in the central bank’s interbank markets and has …
Image by Ledger Insights The Bank of Israel conducted a thoughtful survey process for its Digital Shekel central bank digital currency (CBDC). It found that 51% of respondents had either a high or intermediate interest in the digital currency. Some of the responses received contrasted with other CBDC surveys. For example, privacy did not rank …
Digital shekel CBDC survey finds considerable user interest, especially if remunerated 閱讀全文 »
