Kelvin Li, general manager of platform tech at Ant International, discussed with CT the fintech’s digital assets strategy to support large-volume, intragroup, cross-border fund moves.
A licensing scheme for stablecoin issuers in Hong Kong is expected to be introduced later this year. Bill Winters, group CEO of Standard Chartered, says "digital assets are here to stay."
Moves by the Monetary Authority of Singapore (MAS) to regulate stablecoin are being hailed as a milestone for crypto. Could it spur widespread adoption?
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.
FX without the fees remains something of a Valhalla for most corporate treasurers, but doing it safely is the key. Will stablecoin be the vehicle that finally arrives in the promised land?
Tether, the most popular stablecoin, is under investigation for fraud by the New York attorney general. Meanwhile, Facebook is moving ahead on plans for a new global digital currency