Hong Kong Virtual Asset Exchange (HKVAX) today received approval-in-principle from the Securities and Futures Commission (SFC) to carry out Type 1 and Type 7 regulated activities, will become just the third licensed virtual asset operator in Hong Kong. HKVAX, founded by Hong Kong entrepreneurs, aims to bridge the gap between traditional and digital finance, and […]
Polymesh Association, a leading player in real-world asset tokenization and blockchain technology for capital markets, has released a comprehensive report titled “Regulatory Developments in Digital Assets: APAC – 2023.” The report sheds light on recent regulatory initiatives in South Korea, Singapore, and Hong Kong, providing valuable insights for organizations and professionals involved in the digital […]
UK Finance recently released a report on securities tokenization, delving into the world of digital transformation from a wholesale markets perspective. The report aims to guide the UK in maintaining and strengthening its leading position in international markets. Securities tokenization involves representing real financial assets digitally using distributed ledger technology. This process, along with the […]