Tokenisation

AB DAO and the AB Charity Foundation will build the world’s first national-level resort focused on AI and blockchain in Timor-Leste. The resort will include research centres, luxury facilities, and crypto-friendly services, aiming to attract global tech talent and boost the local economy.

World Liberty Financial, the cryptocurrency venture closely linked to US President Donald Trump, is preparing the release of a third-party audit of its stablecoin while releasing a new app for its platform.

Hong Kong has released a new crypto policy called “Policy Statement 2.0” to boost tokenisation and regulate stablecoins. The plan includes licensing rules for stablecoin issuers starting in August and aims to support wider use of tokenised assets like bonds and ETFs.

On 9 June, the SEC will host a roundtable to explore how DeFi aligns with current regulations, focusing on tokenisation, custody, and market integrity. The event aims to balance innovation with compliance, with input from the public and industry leaders like SegMint and BlackRock.

As President Lee Jae-myung takes office, South Korea is moving toward legalising tokenised securities, with bipartisan support behind legislation that could soon enable STOs tied to real estate, art, and other assets.

A man who promoted a fake crypto project linked to stem cell tech has been ordered to pay over $1.1 million. He ignored the SEC’s fraud lawsuit, leading to a default judgment in court.

Dubai has launched its first government-backed platform, Prypco Mint, allowing people to buy small shares in property using blockchain. The system links directly to official land records and aims to make real estate investment easier and more secure.

Braden Karony, ex-CEO of SafeMoon, was found guilty of fraud and money laundering after using investor funds for personal gain. The jury ruled he misled people about the crypto project’s safety and locked funds.

Franklin Templeton has been approved to launch a tokenised US dollar money market fund in Singapore, highlighting the city-state’s leadership in regulated asset tokenisation and rising institutional interest in blockchain finance.

Thailand has approved a trial launch of digital government bond tokens called G-Tokens, aimed at helping small investors access secure savings options. The tokens will be worth 5 billion baht and are expected to go on sale by July.