Even as the market cap for digital currencies rises, experts say regulators in Asia will prioritise a prudent oversight path rather than follow Washington in lockstep; HK and Singapore's rivalry is set to continue.
DLT’s potential to drive transaction efficiency is more widely acknowledged, while some crypto native players are looking to tap into traditional financial products; however, Apac’s regulatory framework is fragmented.
The HKMA has launched a grant scheme of up to HK$2.5m for future digital bond issuances, which is the SAR’s latest move to build its virtual asset ecosystem.
Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.
The US venture capital firm has made early-stage investments in space, cybersecurity, biotech, nanotech, drones and robotics; recently promoted Chip Whittemore will lead the team.
Fund tokenisation has already reached $2bn in assets under management this year, with on-chain money set to bring 24/7 secondary transfers and fractionalisation.