The eighth edition of the Singapore FinTech Festival (SFF) came to a close on 17 November 2023, drawing a record 66,000 participants, up from 62,000 attendees in 2022. The Festival extended its global reach this year, with participants hailing from 150 countries and regions, an increase from the 115 countries represented in 2022, and attracted […]
The International Monetary Fund (IMF), the World Bank, the Bank for International Settlements (BIS), and Switzerland’s central bank have joined forces to explore the concept of tokenization. The collaboration aims to leverage tokenization technology to streamline financial processes and enhance global economic development. Tokenization involves converting traditional financial assets into unique digital tokens, enabling faster […]
UBS, SBI, and DBS have achieved a groundbreaking milestone by conducting the world’s first live repurchase transaction (repo) with a natively-issued digital bond on a public blockchain. This revolutionary transaction automatically and instantly settled a repo, digital bond purchase, and redemption using regulated digital payment tokens across entities in Japan, Singapore, and Switzerland. Part of […]
