Tag: digital assets

As treasurers show more interest in the use of digital assets, the two firms will integrate stablecoins into payment flows over the next few months.

Amid more interest from treasury teams in digital assets such as stablecoins in Apac, the system has been designed to allow them to see all these accounts in one place.

An increasing number of Asian companies are holding cryptocurrency on their balance sheets as a treasury asset, however, there is a reluctance to discuss strategy and potential pitfalls. Paul Golden reports.

The rise of cryptocurrencies is reshaping the payments landscape globally; while regulatory challenges persist, some Asian businesses are pushing the boundaries, making digital currencies a viable alternative for real-time transactions.

Through its acquisition of blockchain-based firm, Securrency, DTCC plans to develop innovative post-trade infrastructure for global markets.

Experts share insights around the value potential of a digital currency, following the HKMA’s publication of an initial report on the pilot.

The transaction marks a first for a major financial institution and sets the groundwork for NAB to support clients as they carry out transactions using digital assets.

Hong Kong-based Payment Asia and FGA Trust have partnered to expand the services provided across corporate trusts.

The digital asset management start-up will use the $3 million in funding to address opportunities arising from the increased use of tokens as employee compensation with the launch of its new solution.

Velo Labs and PDAX will open a new remittance corridor in the Philippines, addressing a $34 billion opportunity.

Davin Wu joins the firm from sustainability-focussed construction firm, DIT. He tells CT about his priorities, which include capturing growth opportunity in the institutional space.

The ASEAN Financial Innovation Network (AFIN) is aligning with software firm R3 to enable banks and fintechs to build and test Central Bank Digital Currency (CBDC) applications.