“SFC has been assessing various proposals on tokenization of SFC-authorised investment products, for example, some for primary dealing of a tokenized product (i.e., subscription and redemption) and some for secondary trading of a tokenized product on an SFC-licensed virtual asset trading platform,” the SFC said.
Related posts
-
Russia to Control Crypto Mining Activities by Region in 2025
Russia’s government has published a draft resolution on banning or providing restrictions on mining locally. The... -
DeFi Protocol Usual’s Surge Catapults Hashnote’s Tokenized Treasury Over BlackRock’s BUIDL
There’s been a change of guard at the rankings of the $3.4 billion tokenized Treasuries market.... -
Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit by Scaling Back Bitcoin Activities
The International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide...