Tag "asset tokenization"
Traditional Financial Institutions Accelerate Digital Assets Efforts
Traditional banking and financial institutions from around the world continue to expand their digital assets offerings, embracing not only tokenization but also cryptocurrencies at a fast-pace in a bid to tap new growth opportunities, improve efficiencies and enhance transparency. In
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Switzerland Sees Blossoming Digital Asset Custody Ecosystem: Study
Switzerland has established itself as a global leader in the custody of digital assets, a position the country has gained thanks to a conducive regulatory framework that’s encouraging innovation and diversity, a new report by industry trade group Home of
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Swiss Banks Unlikely to Migrate to Blockchain, DLT Systems, Says SNB Advisor
While some banks have started experimenting with blockchain and distributed ledger technology (DLT), widespread migration to these systems are unlikely to occur due to a number of roadblocks, including regulatory and compliance challenges, the high costs of the endeavor, as
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How Policy Makers Around the World are Addressing Asset Tokenization
Applications of blockchain and distributed ledger technology (DLT) in finance have proliferated in recent years, forcing policy makers around the world to step in and formulate rules in regard to asset tokenization. In a report released in January 2021, the
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