Singapore partners with Japan, UK, Switzerland on digital asset initiative
Regulators in Singapore, Japan, the UK and Switzerland are planning asset tokenisation tests for fixed income, foreign exchange and asset management products, the Swiss Financial Market Supervisory Authority (FINMA) reported on October 30.
Singapore partners with Japan, UK, Switzerland on digital asset initiative (Photo: coincodecap.com)
Geneva (VNA) - Regulators in Singapore,Japan, the UK and Switzerland are planning asset tokenisation tests for fixedincome, foreign exchange and asset management products, the Swiss FinancialMarket Supervisory Authority (FINMA) reported on October 30.
The Monetary Authority of Singapore (MAS) has set upProject Guardian, a policymaker group that includes Japan's Financial ServicesAgency (FSA), the U.K's Financial Conduct Authority (FCA) and the FINMA toadvance cross-border collaboration in asset tokenisation.
Tokenisation, which digitises real-world assets usingthe blockchain, is all the buzz among banking giants and institutions worldwidewith major economies testing bond issuance and fund tokenisation to potentially improve theefficiency of global financial markets.
Project Guardian is focused on discussing the legaland accounting treatment of digital assets, identifying potential risks andgaps in policy, as well as developing common standards for digital asset marketdesign and best practices across jurisdictions.
🐼 According to MAS, theproject will also look to facilitate industry pilots for digital assets throughregulatory sandboxes./.
Singapore’s Energy Market Authority (EMA) on October 24 announced that it has given tentative approval for plans to import 1.2 gigawatts (GW) of primarily wind-generated electricity from Vietnam.
Vietnamese tourism agencies and companies are joining ITB Asia 2023 - a regional leading travel trade show which is held in Singapore from October 25-27.
Vietnamese travel agencies are attending ITB Asia 2023 - the leading travel trade show of Asia which kicked off at Marina Bay Sands, Singapore on October 25.
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The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
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Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
Singapore partners with Japan, UK, Switzerland on digital asset initiative (Photo: coincodecap.com) 
