Daily edition
Material developments in payments, digital finance and regulation, selected for an HKMA audience.
5 stories
This turns tokenised retail funds from a subscription-only product into something closer to continuously tradable market infrastructure, which could make tokenised investment products more usable for everyday investors and distributors.
This is a concrete test of whether euro-area public-sector bond issuance can combine DLT-based issuance with central-bank-money settlement while still fitting into mainstream investor custody and settlement workflows.
The proposal would materially constrain how stablecoin firms and exchanges can market yield to Canadian users while raising compliance obligations around reserves, reporting, and registration.
The story suggests Ripple is trying to put RLUSD’s reserve management and institutional custody on a firmer federal footing, which could make the stablecoin more credible with large financial counterparties if the charter stands.
If the pilot proves operationally useful, tokenized JGB repo could target a large, less-automated funding segment where settlement timing and cross-border participation are currently constrained.