The United Kingdom government is preparing to appoint a new Digital Markets Champion, a key figure in its strategy to modernize and digitize the nation’s wholesale financial markets. The announcement, highlighted in reports from Bloomberg and Yahoo Finance, marks a major milestone in the UK’s plan to accelerate tokenization and strengthen its position as a

HSBC has introduced its tokenized deposit service ( TDS ) in Singapore, extending the blockchain-based payment capability beyond its initial launch in Hong Kong.   The service enables 24/7 real-time instant settlement and was adopted by Ant International, which became the first client to complete real-time SGD and USD digital token payments between its entities’

Singapore and Hong Kong together manage roughly $10 trillion in discretionary wealth, while Asia accounts for 60% of the world’s population under the age of 30. This collision between massive capital and a digitally-native generation is forcing traditional fund managers to rethink distribution—or risk irrelevance. Rehan Ahmed, CEO of Asian blockchain infrastructure provider Marketnode, outlined

The United Kingdom is poised to solidify its position as a global leader in the evolving landscape of digital finance with the imminent appointment of a 'Digital Markets Champion'. This strategic move, part of the government's ambitious Wholesale Financial Markets Digital Strategy, aims to accelerate the adoption of tokenization and Distributed Ledger Technology (DLT) across

BNY Mellon, one of the world’s largest and oldest custodian banks, is taking a significant step toward integrating blockchain technology into its core payment infrastructure. The financial giant has begun testing tokenized deposits—digital representations of traditional bank deposits issued on a blockchain—to streamline global payments and settlements. This move positions BNY Mellon at the forefront

The energy sector is experiencing a digital revolution, and blockchain technology has emerged as a transformative force reshaping how energy is produced, distributed, and consumed. The global blockchain in energy market is forecast to expand at an impressive CAGR of 25.6%, rising from US$ 7.6 billion in 2025 to US$ 37.4 billion by 2032. This surge underscores the growing adoption of

On September 29, Fed Governor Christopher Waller discussed the evolving landscape of payments and the need for both the private and public sectors to play “complementary” roles in fostering innovation and efficiency in the payments space. Waller discussed how new technologies, including stablecoins, distributed ledger technology (DLT), and AI have been driving advances in payments