In this week’s roundup, we look at new dual currency crypto plays, HSBC’s tokenised deposit testing and the Hong Kong SAR regulator’s latest remarks on tokenised-related products.
The Monetary Authority of Singapore (MAS) has partnered with the Financial Services Agency of Japan (FSA), the Swiss Financial Market Supervisory Authority (Finma) and the UK’s Financial Conduct Authority (FCA) to advance digital asset pilots in fixed income, foreign exchange and asset management products. [The] partnership shows a strong desire among policymakers to deepen our understanding of the opportunities and risks arising from digital asset innovation - Leong Sing Chiong, MAS T