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Key Markets at a Glance

The UK, Switzerland, Singapore, Hong Kong, the UAE and Japan are seen as pragmatic frontrunners for tokenisation and stablecoins. This page summarises the key regulatory paths in these markets – and where mid‑market corporates can find concrete entry points.

Article in Preparation

This article will compare selected key markets where regulation and practice for tokenisation and stablecoins are already relatively advanced. The focus is on short, implementation‑oriented profiles: which assets are permitted, how licensing works and which markets are suitable for industrial pilot projects.

Planned Contents

  • Short profile UK: Digital Securities Sandbox, FCA pathway and London’s role for digital securities.
  • Short profile Switzerland: DLT Act, FINMA practice and stablecoin usage (incl. EURCV) via partners.
  • Short profile Singapore & Hong Kong: MAS stablecoin framework, SFC regime and institutional opening.
  • Short profile UAE & Japan: VARA/ADGM framework, Japanese stablecoin legislation and bank connectivity.
  • Comparison of markets by licence types, stablecoin status, CBDC status and suitability for B2B industry use cases.

Planned Outputs

  • Map‑style heatmap with traffic‑light logic based on licence, stablecoin status, CBDC maturity and industry suitability.
  • Short tables per market (UK, CH, SG, HK, UAE, JP) with key facts on regulation, asset types and target users.
  • Guidance on which markets are suitable for which type of pilot projects (e.g. digital bonds, stablecoin treasury, pay‑per‑use models).

Note

This content does not constitute legal advice. It is designed to help finance, compliance and IT teams compare international key markets and engage in targeted discussions with specialised law firms, industry bodies and regulators.