Fintech

Tokenization promises broader financial access, but without clear standards, it risks delivering abstraction over inclusion.

Lenders backed by Grab, Sea, and StanChart hang on as legacy rivals DBS, UOB, and OCBC boom.

Officials caution only a few licenses will be issued at first, favoring long-term stability over short-term hype.

The rollout reflects a broader shift in financial AI from experimentation to scaled deployment.

Cheaper funding and geopolitical tensions are boosting growth in yuan-denominated loans.

With new regulations set to take effect in August, firms are converging on Hong Kong to test digital currencies as a fix for slow, costly cross-border transactions.

With fresh mandates, pilot projects, and corporate license bids, stablecoins are shedding their crypto roots to reshape how money moves.

Once considered fringe instruments, stablecoins now serve as a bridge between legacy financial systems and decentralized infrastructure.