Mei Lin Chow
Hong Kong Launches Regulated STO Sandbox, Targeting Tokenized Equities by Q3
The SFC's new framework allows licensed platforms to list tokenized securities for professional investors. A listed-equity tokenization pilot is already being drafted.
Abu Dhabi's ADGM Approves First Retail-Facing STO Platform in the Gulf
The Financial Services Regulatory Authority granted a full license to Qadar Securities on Monday, clearing the way for the region's first tokenized equity offerings open to non-professional investors.
Korean Regulator Halts Cosmic Ventures Token Sale Mid-Subscription
The FSC's emergency order on Monday froze a $110M raise that had already taken in $67M. Korean retail investors will be made whole through the platform operator's escrow.
Japan's FSA Approves First Native Domestic STO Platform on Polygon
Progmat Coin received the country's first full license for tokenized equity issuance on Monday. Mitsubishi UFJ Trust and SBI are the anchor distribution partners.
Singapore's Project Guardian Enters Phase Three With Live Retail Pilot
MAS has cleared a controlled retail access tranche for the first time, with DBS and UOB as the inaugural distributors. The pilot is capped at S$150 million.
U.S. Share of Bitcoin Hashrate Slips Below 35% as Emerging-Market Capacity Grows
Cambridge's latest country-level data shows the U.S. share of global hashrate at 34.1%, down from a peak of 42% in late 2024. The rebalancing is visible, not yet dramatic.