Daily edition
Material developments in payments, digital finance and regulation, selected for an HKMA audience.
5 stories
This points to a more coordinated regional effort to make cross-border payments and settlement work across multiple digital-money forms and networks without each institution having to negotiate separate bilateral setups.
This points to stablecoins being used not just for payments but as settlement rails for regulated retail investment distribution inside a bank-controlled ecosystem.
This points to a consumer-facing model that tries to combine deposit insurance and yield with on-chain usability, which could make tokenized bank money more competitive with stablecoins and tokenized money funds.
The acquisition would give Libeara a regulated dealing and digital-asset access point that could make tokenized funds more liquid and operationally flexible for eligible investors.
If Clearstream can move tokenization into post-trade functions, institutions may be able to use tokenized securities within mainstream custody, settlement and collateral workflows rather than only as isolated issuance experiments.