Blockchain Research

Aug

Why Singapore is moving to regulate stablecoins

With its announcement of stablecoin regulations, Singapore is betting that these “safer” cryptocurrencies have staying power and will play an increasingly important role in the future of financial services. The decision is consistent with the city-state’s interest in developing itself as a digital asset hub for institutional investors. It also…

Aug

Blockchain Research

Parsing the cross-border potential of Project Bakong

Cambodia’s Project Bakong is unique if only for the fact that it is a functional blockchain-based CBDC – one of the few in the world along with the digital renminbi and the Bahamas’ sand dollar. In its first few years of existence, Bakong mainly been used domestically and with reasonably…

Aug

Blockchain Research

Does Thailand need a CBDC?

As a medium-income country with a high rate of financial inclusion for the region – more than 80% of Thais have a bank account – Thailand is not the first country we would expect to briskly adopt a digital fiat currency. The purported benefits of a CBDC become nebulous without…

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