Research & tools
リサーチ
Essays, market notes, and tools on digital markets in Singapore, Hong Kong, Taiwan, South Korea, and Japan. Posts run 500 to 1,000 words, and the best are collected in print.
Licensing is the start of supervision, not the end of it
A licence is where a firm’s relationship with the regulator begins, and entry plans should budget for what follows.
South Korea’s next phase of rules, and what foreign firms should watch
Three points that decide whether a foreign firm can serve Korean clients directly or needs a local partner.
Stablecoin rules across five markets, side by side
Who may issue, what reserves must hold, and who may sell to the public, compared market by market.
In conversation: building a compliance team in Taipei
A compliance lead on hiring, local counsel, and the questions regulators ask first.
Proof-of-concept tracker
Announced pilots and proofs of concept in the five markets, updated as they are announced.
Tokenised funds in Hong Kong and Singapore: a primer
How each market treats a tokenised fund, and where the two approaches part ways.