Thursday, November 21, 2024
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There Is a World of Web3 Outside the U.S. and Europe

Reflecting on distinct countries, several differences stand out. Singapore and Hong Kong are aiming to become global business hubs, attracting significant capital. Many venture funds have opened headquarters in those cities, drawn by frequent and transparent regulatory updates. Japan is grappling with nuances of IP ownership. In Korea, centralized exchanges

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HSBC to Offer Custody of Tokenized Real World Assets for Institutional Investors With Metaco

Once live in 2024, the custody service will complement HSBC Orion, the London-based bank’s platform for issuing digital assets, as well as a recently introduced offering for tokenized physical gold, HSBC said in a statement. Together, the platforms will form a complete digital-asset offering for institutional clients, the bank said. Source

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Hong Kong Fintech Week introduces the world to HSBC DID solution and commemorative NFTs

On Nov. 2, the Hong Kong Monetary Authority (HKMA) co-organized the eighth edition of the city’s flagship event alongside InvestHK. At the event came several releases including HSBC prototyping a Decentralized Identity (DID) solution using Polygon ID and the release of a 30th anniversary commemorative NFT from the HKMA.  Building for digital

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How Satoshi Nakamoto and Bitcoin Whitepaper Changed World within 15 Years

With the imminent launch of Bitcoin spot ETFs, many institutions are also looking to gain increased exposure to BTC. Exactly 15 years ago, Satoshi Nakamoto, the pseudonymous creator of Bitcoin, sent the Bitcoin whitepaper via email to a select number of cryptographers. Satoshi is fondly quoted to have opened the email saying: “I’ve

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World Bank Issues First Digitally Native Note on Luxembourg Stock Exchange

The basis for this issuance was Corda, R3’s digital ledger technology (DLT) platform that offers a sustainable infrastructure for digitally native notes. In a first, the World Bank has listed the “first digital native security” or “digital native note (DNN)” on the Luxembourg Stock Exchange (LuxSe). The €100 million DNN,

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Bitcoin’s Surge Shakes Up ETF World: Who’s Soaring And Who’s Crashing?

A ripple of excitement has recently coursed through the crypto market, particularly on Bitcoin. Bolstered by speculation regarding the impending approval of a spot Bitcoin exchange-traded fund (ETF) —a sentiment propelled by BlackRock’s iShares ETF’s appearance on the DTCC website—Bitcoin recorded an 18-month high trading above $35,000. This upward movement

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Euroclear and World Bank collaborate on €100 million digital bond issuance via blockchain

Euroclear has joined forces with the World Bank to unveil a novel tokenized securities issuance service, marked by a €100 million digital bond issuance, aiming to integrate DeFi technology into TradFi services and enhance efficiency, transparency and accessibility. Euroclear, a major European clearinghouse, has collaborated with the World Bank to launch

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Euroclear launches digital securities issuance service, settles World Bank bond

Euroclear has launched a digital securities issuance service and settled a 100-million-euro ($106 million) digital World Bank bond. This is the first step in the Brussels-based settlement house’s digital infrastructure strategy, it said.The three-year bond, which is being called a digitally native note, was issued by World Bank lending arm

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