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China AMC Launches ‘First’ Retail Tokenized Fund in APAC


China Asset Management has launched the first retail tokenized fund in the Asia Pacifi (APAC) region. Broadening Investor Base The Hong Kong investment firm China Asset Management recently launched a tokenized fund known as the China AMC HKD Digital Money Market Fund. The fund, which primarily...

Vietnam to Draft Legal Framework for Digital Assets by March


Vietnam’s Prime Minister Pham Minh Chinh has instructed the Ministry of Finance and the State Bank of Vietnam to draft regulations for digital assets and currencies, with a proposal expected in March. This directive, part of Directive No. 05, aims to drive economic growth to at least 8% in 2025....

Russia Hits Pause on Digital Ruble—Mass CBDC Adoption Delayed


Russia’s digital ruble rollout is delayed as the central bank refines its economic model, despite a successful pilot with 15 banks, 1,700 citizens, and 30 businesses participating. Bank of Russia Delays Digital Ruble Rollout The Bank of Russia has delayed the full-scale rollout of its central bank...

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