UBS has partnered with Ant International to trial UBS tokenised deposits and real-time cross-border payments, marking one of Asia’s most prominent bank–fintech collaborations in digital finance. Under an MoU signed in Singapore, Ant will integrate UBS Digital Cash—first piloted in 2024—with its Whale blockchain treasury platform to test multi-currency tokenised deposits enabling instant transfers across Ant’s global entities. The initiative aims to enhance settlement speed, t

The Singapore-based Global Finance & Technology Network (GFTN) and US payments firm Ripple have launched a partnership to train policymakers and regulators on digital assets, beginning with over 200 central bankers and supervisors from Australia, the Philippines, Thailand, Korea, Taiwan, and Indonesia. The “Decoding Digital Assets” programme spans six weeks, combining an eight-hour course with fortnightly live sessions and a tabletop simulation addressing risks such as cross-

SUNRATE has secured a SUNRATE China payment license through its RMB315m (USD43.8m) acquisition of Transfar Pay from Shenzhen-listed...

Bank Negara Malaysia, Bank Indonesia, and the Bank of Thailand have expanded their Local Currency Transaction Framework (LCTF) by...