In the latest development, Capital Trust Group Limited has made history as the first investment management firm in New Zealand to launch a digital bond in the form of security tokens on Polygon, a public blockchain platform. The bond, referred to as the “Private Jet Residence Securities Token” (PJST), aims to fund Asia’s first and only super-luxury […]
Dubai’s Virtual Asset Regulatory Authority (VARA) has issued its Virtual Assets and Related Activities Regulations 2023. The Regulations set out a comprehensive Virtual Asset (VA) Framework built on principles of economic sustainability and cross-border financial security. The UAE has remained committed to enabling these drivers safely, updating its oversight and regulatory approach, addressing global risks […]
Blockchain-based financial applications are considered to be the future of the financial system. From banking the unbanked to lowering fees and allowing for personalised, consumption-based insurance, blockchain-based applications are intended to renew legacy systems and replace many intermediaries. However, this requires further thinking than ever before. By Ralf Kubli, Board Member, Casper Association The key […]