Amid more interest from treasury teams in digital assets such as stablecoins in Apac, the system has been designed to allow them to see all these accounts in one place.
An increasing number of Asian companies are holding cryptocurrency on their balance sheets as a treasury asset, however, there is a reluctance to discuss strategy and potential pitfalls. Paul Golden reports.
The rise of cryptocurrencies is reshaping the payments landscape globally; while regulatory challenges persist, some Asian businesses are pushing the boundaries, making digital currencies a viable alternative for real-time transactions.
Sep 25, 2024
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The transaction marks a first for a major financial institution and sets the groundwork for NAB to support clients as they carry out transactions using digital assets.
The digital asset management start-up will use the $3 million in funding to address opportunities arising from the increased use of tokens as employee compensation with the launch of its new solution.