Hong Kong aims to foster web3 hub with new regulatory measures for tokenization
Hong Kong is set to introduce more policy papers and circulars targeting tokenized assets, stablecoins, and cryptocurrency trading. This move is part of the city’s ongoing efforts to establish a web3 hub in Asia. Christopher Hui, Secretary for Hong Kong’s Financial Services and the Treasury, announced this initiative during the Hong Kong Fintech Week. Hui […]
Mastercard’s revolutionary tokenization solution for CBDC across Blockchains
Mastercard has announced an innovative solution enabling the tokenization of Central Bank Digital Currencies (CBDCs) across various blockchains. The company made the announcement on Tuesday, October 12. The novel technology enhances security, allowing consumers to participate in commerce across multiple blockchains. This development was part of the Reserve Bank of Australia (RBA) and the Digital […]