There are great opportunities across artificial intelligence, application programming interfaces, Central Bank Digital Currencies and FX hedging platforms, however there are also risks.
The application, under MAS’s asset tokenisation initiative, demonstrates blockchain’s potential in post trade, but much more work is ahead before a full rollout.
Visa-owned Currencycloud is working to expand its client base in China. In a discussion with CT, Rohit Narang, leader of the firm’s Cross-Border Solutions, highlighted the markets’ significant growth potential.
As global corporates face $22.5bn headwinds in currency impact, the Kyriba team advises corporate treasurers to rethink their risk management programmes.
Singapore and Hong Kong have emerged as the leading destinations for forex traders, ahead of other international financial centres, including London and New York.