China

HK SFC issued two circulars on tokenization-related activities: intermediaries engagement & tokenization of investment products.

This week in crypto policy news, Nigeria has a crypto shift, UK provides consultation on Digital Pound, Singapore's AXS Payments.

This week in crypto policy news UK digital pound, Crypto.com receives UK authorization, MAS plans to pilot E-CNY.

Cross-border payment innovations and crypto-friendly regulations abroad threaten to erode the dominance of the US dollar.

With a diverse economic and regulatory approach, digital assets in Asia fall across the spectrum.