By Pat Patel, Executive Director of Elevandi Today’s fragmented regulatory landscape inadequately serves the ambitious innovators aiming to revolutionise the finance and technology sectors. Although discussions about regulating Big Tech have been ongoing for years, little has been done to counterbalance the sector’s growing influence or to bolster emerging players that are striving to improve […]
The Reserve Bank of Australia (RBA) has highlighted the potential of tokenized assets to transform the Australian financial system in a speech by Assistant Governor (Financial System) Brad Jones. Jones noted that tokenization is the process of representing assets on a blockchain, which is a distributed ledger technology. This allows assets to be traded more […]
In a significant move towards bolstering its position as a global virtual asset hub, Hong Kong’s Securities and Futures Commission (SFC) has announced guidelines allowing the tokenization of securities and regulated funds. The circular, issued on Thursday, provides a framework for regulated intermediaries, including fund managers, to issue tokenized securities, described as “blockchain-based tokens that […]
