While tokenization could offer numerous benefits for the financial system and broader economy, costs and risks also need to be considered. New BIS report highlights four key considerations for central banks: private sector initiatives; trade-offs between different types of settlement assets; sound regulation, supervision and oversight for tokenization; and the impact on monetary policy implementation. […]
iSHANG Technology Limited (iSHANG), a leader in Web3 enterprise solutions, has announced a major partnership with 3Business, the corporate brand of Hutchison Telecommunications (Hong Kong) Limited. The collaboration, part of the Cyberport Web3 Proof-of-Concept Subsidy Scheme, aims to introduce the Web3 Coupon Enterprise Solution (Web3-Coupon), an innovative platform that will revolutionize customer engagement and rewards by […]
Assetera and Archax have announced a strategic partnership aimed at enhancing the distribution of tokenized real-world assets (RWAs) across the EU and European Economic Area (EEA). This collaboration marks a significant step forward in bridging the gap between traditional finance and the digital asset market, providing investors with access to a broad range of tokenized […]