Daily edition
Material developments in payments, digital finance and regulation, selected for an HKMA audience.
4 stories
The raise signals that U.S. banks are willing to fund shared infrastructure for tokenized deposits, which could strengthen bank-led alternatives to stablecoins for payments and settlement.
The deal shows tokenized structured products moving from pilot-style issuance into real treasury investment activity by a major bank, which could support broader institutional adoption of DLT-based capital-markets infrastructure.
The deal suggests a large incumbent is buying DLT-based retirement-administration technology to deepen superannuation servicing capabilities rather than building it internally.
Banks may need to tighten sanctions screening and correspondent-banking due diligence to avoid processing disguised Iran-linked transactions and risking penalties or loss of U.S. financial-system access.