01
HSBC unveils ‘HSBC RedCoin’ for planned Hong Kong dollar stablecoin
This signals that a major bank is preparing to bring a regulated HKD stablecoin into mainstream retail payments and tokenized investment flows in Hong Kong.
Daily edition
Fintech / Payments Brief
Material developments in payments, digital finance and regulation, selected for an HKMA audience.
5 stories
Today’s brief
02
ANZ completes cross-border tokenised deposit payment with Swift ledger
The transaction suggests banks may be able to offer near real-time cross-border treasury payments using tokenised deposits without forcing corporates to change their existing banking channels.
03
Anchorage Digital expands global USD banking access through Standard Chartered
It gives institutional crypto clients a more integrated fiat on/off-ramp, reducing operational friction when moving between digital-asset activity and dollar-based banking flows.
04
Korea’s Financial Services Commission publishes draft tokenization rules
The draft moves Korea from high-level tokenization policy to implementable operating rules, which is a key step for regulated issuance, custody, and distribution of tokenized securities and fractional investment products.
05
AFME urges the EU to keep tokenised financial instruments under MiFID rather than MiCA in the bloc’s MiCA review
The outcome will affect how banks and capital-markets firms structure tokenised products in Europe, including whether they face securities-law treatment or a different crypto-asset regime.