The U.K.'s Financial Conduct Authority plans to set high standards for stablecoin issuers. HSBC and UBS are venturing deeper into the tokenization and crypto space, with HSBC launching a platform for tokenizing physical gold and UBS allowing wealthy clients in Hong Kong to trade crypto-linked ETFs. Hong Kong is considering allowing trading of spot crypto ETFs and assessing the possibility of creating a digital-asset hub. Cathay Securities has obtained regulatory approval to launch Taiwan’s first Security Token Offering business. The move towards tokenization and crypto ETFs is driven by increasing demand from asset managers and the pursuit of creating a global hub for digital assets. The U.S. regulator is continuing to pursue crypto entities despite court setbacks, while the U.K. is setting out a rigorous regulatory framework for cryptocurrencies, facing challenges in becoming a global hub.
ICYMI: UBS to let wealthy clients trade crypto futures ETFs in Hong Kong: report https://t.co/FlgaT5ki2I
UBS joins rival HSBC in offering crypto ETF trading to Hong Kong customers https://t.co/x4vWy0expq
The @UBS Group allowing its wealthy clients to trade three crypto exchange-traded funds (ETFs) through its Hong Kong platform, according to a report. By @amitoj https://t.co/WG9y1r2fon
UBS to let wealthy clients trade crypto futures ETFs in Hong Kong: report https://t.co/TQ7fubWFVv
UBS Group AG joined rivals such as HSBC Holdings Plc in allowing clients in Hong Kong to trade some crypto-linked ETF. Three crypto ETFs authorized by the Securities and Futures Commission will be accessible to wealthy clients on UBS’s Hong Kong platform from Friday. BBG… https://t.co/AK7VSuK30H
UBS will allow wealthy clients in Hong Kong to trade some crypto-linked ETFs, joining rival HSBC https://t.co/2zOjQFTVoa
UBS will allow wealthy clients in Hong Kong to trade some crypto-linked ETFs, joining rival HSBC https://t.co/dYYdkmQsx3
UBS will allow wealthy clients in Hong Kong to trade some crypto-linked ETFs, joining rival HSBC https://t.co/lhb6atThX7
Cathay Securities announced that it has obtained regulatory approval to launch Taiwan’s first Security Token Offering business https://t.co/kKBGmVWdQW
As the UK sets out a rigorous regulatory framework for cryptocurrencies, the path to becoming a global hub is fraught with challenges https://t.co/VmyDSuBSvR
Hong Kong is assessing whether to allow exchange-traded funds that invest directly in crypto as it seeks to create a digital-asset hub https://t.co/6ktOjt8t0x
US Regulator to Continue Going After Crypto Entities Despite Court Setbacks — Expert #crypto #cryptocurrency #cryptoregulation https://t.co/F2ZE9M6wIM
HSBC has launched a platform that uses distributed ledger technology to tokenize ownership of physical gold held in its London vault https://t.co/8SMERxaIaA
NEWS: Tokenization is top of mind for Hong Kong's securities regulator https://t.co/B0DXV0meio
The chief digital, data, and innovation officer at @HSBC said the move was fueled by the “increasing demand" for tokenization services from asset managers. Read more below: https://t.co/PpCJdnC1sX
Hong Kong Mulls Allowing Trading of Spot #Crypto #ETFs #bitcoin https://t.co/qyYBdzVMY4
NEWS: HSBC gets set to wade deeper into the tokenization space https://t.co/Q9lknMViVt
The U.K.'s Financial Conduct Authority plans to set "high standards" for stablecoin issuers, its Director of Payments and Digital Assets, Matthew Long, tells @camomileshumba. https://t.co/yZVVmTDX7Q