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Crypto readiness score

Insufficient data

1/3 status dimensions verified · 1 initiative · last verified 2026-10-31

#40 of 106 banks in the activity leaderboard →

Only 1 of 3 status dimensions (commercial, regulatory, technical) are verified for this institution; at least 2 are required before a score is shown. We show this rather than guess.

Score breakdown

How the number above is built — every input is a verified tracker status with a dated source.

Readiness score breakdown
ComponentWeightPointsBasis (verified input)
Commercial availability35—No verified status — not scored
Regulatory standing25—No verified status — not scored
Technical delivery2020Live — commercial, within explicit scope · initiative
Product breadth1551 product category with a verified status: Stablecoin issuance
Recent verified activity55Last verified change 2025-11-17

Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology

Initiatives (1)

Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.

Licences & registrations

Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).

No licence or registration record in our verified data. This means “not reviewed”, not “unlicensed”.

Partners & providers

From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map

Regulator records & actions

Register entries and regulator publications that name this institution.

Markets (from stated target markets): United Arab Emirates

Timeline

Status changes (tracker history), verified items and regulatory dates, newest first.

  1. 2027-10-25 · upcoming · Regulatory date

    New UK cryptoasset regime comes into force (opens source in new tab)

    UK cryptoasset regime · Financial Conduct Authority

  2. 2027-10-11 · upcoming · Regulatory date

    Europe moves to T+1 securities settlement (opens source in new tab)

    EU T+1 securities settlement · European Central Bank / EU T+1 Industry Committee

  3. 2027-02-28 · upcoming · Regulatory date

    Firms that intend to continue operating in the UK should apply to the FCA by this date (opens source in new tab)

    UK cryptoasset regime · Financial Conduct Authority

  4. 2027-02-12 · upcoming · Regulatory date

    Bank of England consultation on supervisory expectations for CCPs accepting tokenised collateral closes (opens source in new tab)

    UK CCP supervision (tokenised collateral) · Bank of England

  5. 2027-02-04 · upcoming · Regulatory date

    Tokenized securities issuance and circulation framework takes effect (opens source in new tab)

    Korea tokenized securities (FSCMA / Electronic Registration Act) · Financial Services Commission (Korea)

  6. 2027-01-18 · upcoming · Regulatory date

    GENIUS Act and OCC final implementing rule take effect (opens source in new tab)

    GENIUS Act · Office of the Comptroller of the Currency

  7. 2027-01-01 · upcoming · Regulatory date

    Brazil virtual-asset providers' client balance, custody and proof-of-reserves reporting provisions take effect (opens source in new tab)

    Resolution BCB 520 (as amended by Resolution BCB 589) · Banco Central do Brasil

  8. 2027-01-01 · upcoming · Regulatory date

    Brazil's 24-hour precautionary hold on large virtual-asset transfers abroad takes effect (opens source in new tab)

    Resolution BCB 584 · Banco Central do Brasil

  9. 2026-12-03 · upcoming · Regulatory date

    Amended FX Transactions Act and decree rules on cross-border virtual asset transfer monitoring take effect (opens source in new tab)

    Korea Foreign Exchange Transactions Act (cross-border virtual asset transfers) · Ministry of Finance and Economy (Korea)

  10. 2026-11-17 · upcoming · Regulatory date

    Bank of Thailand public hearing on THB stablecoin regulatory principles closes (opens source in new tab)

    THB stablecoin framework (proposed) · Bank of Thailand

  11. 2026-11-12 · upcoming · Regulatory date

    USDC becomes subject to MiCA dual supervision as a significant EMT (opens source in new tab)

    MiCA · European Banking Authority

  12. 2026-11-11 · upcoming · Regulatory date

    Comment period on FSC subordinate-rule revisions for tokenized securities closes (opens source in new tab)

    Korea tokenized securities (FSCMA / Electronic Registration Act) · Financial Services Commission (Korea)

  13. 2026-11-06 · upcoming · Regulatory date

    Brazilian banks and payment institutions barred from virtual-asset operations with unauthorised providers (opens source in new tab)

    Resolution BCB 520 (as amended by Resolution BCB 589) · Banco Central do Brasil

  14. 2026-10-30 · Item

    Alatau City Bank becomes the first Kazakh commercial bank on KASE's digital financial assets platform, eyeing a tenge stablecoin and deposit tokenization

    Alatau City Bank

  15. 2026-10-30 · Item

    ECB selects two network service providers for the digital euro pilot, ready for potential issuance from 2029

    European Central Bank

  16. 2026-10-30 · Item

    HSBC, Franklin Templeton, Tradeweb and Fireblocks complete Uber pilot: HSBC tokenized deposits buy tokenized money market fund shares on Canton, with weekend redemption

    Tradeweb (joint release with HSBC Bank USA, Franklin Templeton, Fireblocks)

  17. 2026-10-29 · Item

    Bank of England consults on supervisory expectations for CCPs accepting tokenised collateral

    Bank of England news

  18. 2026-10-29 · Item

    BIS CPMI report sets out central banks' roles as stablecoins and tokenised deposits reshape payments

    Bank for International Settlements (CPMI)

  19. 2026-10-29 · Item

    ECB’s Cipollone: Pontes to extend operating hours by mid-2027 and move to 24/7/365 in 2028, as Europe prepares for T+1

    European Central Bank

  20. 2026-10-29 · Item

    Galaxy applies to the OCC to establish Galaxy National Bank, a national trust bank for digital asset custody, trading and staking

    Galaxy Digital (via PR Newswire)

  21. 2026-10-28 · Item

    DBS survey: 88% of large businesses are deploying or piloting tokenised money; stablecoins most adopted, ahead of tokenised deposits

    DBS

  22. 2026-10-28 · Item

    DTCC Tokenization Service goes live: DTC-custodied securities can be minted as tokens; 20 participants including major banks signed up

    DTCC

  23. 2026-10-28 · Item

    Ripple and Coinbase bring RLUSD to Coinbase Prime, Coinbase Exchange and the Coinbase retail app

    Ripple

  24. 2026-10-28 · Item

    Securitize plans Stellar network integration for tokenized financial products

    Securitize

  25. 2026-10-27 · Item

    ACI Worldwide and Circle to demonstrate USDC settlement on existing bank payment infrastructure, starting in Colombia

    Circle (joint release with ACI Worldwide)

  26. 2026-10-27 · Item

    Anchorage Digital Bank custodies Bitso’s MXNB peso stablecoin on six chains as Bitso lists USDPT and USAT

    Anchorage Digital

  27. 2026-10-27 · Item

    BitGo Bank & Trust to offer WisdomTree’s tokenized Treasury money market fund through BitGo Mint

    WisdomTree (BitGo release via Business Wire)

  28. 2026-10-27 · Item

    BNY adds XRP and RLUSD to its Digital Asset Custody platform and plans RLUSD mint and redeem with Ripple

    BNY (joint release with Ripple)

  29. 2026-10-27 · Item

    Comptroller Gould: GENIUS Act final rule gives community banks a pathway to issue payment stablecoins through a subsidiary

    Office of the Comptroller of the Currency

  30. 2026-10-27 · Item

    SBI Holdings and Startale sign MOU with BlackRock to explore connecting tokenized money market funds with the JPYSC yen stablecoin

    Startale Group (joint release with SBI Holdings)

  31. 2026-10-26 · Item

    Aviva Investors launches a tokenised share class of its £22bn Sterling Liquidity Fund on the XRP Ledger

    Ripple (joint release with Aviva Investors)

  32. 2026-10-26 · Item

    Crypto Finance pilots Swiss franc account-to-account transfers between two Swiss banks on Google Cloud Universal Ledger

    Google Cloud (co-authored with Crypto Finance Group)

  33. 2026-10-26 · Item

    Ripple National Trust Bank receives final OCC charter approval to manage RLUSD reserves and provide digital asset custody

    Ripple

  34. 2026-10-26 · Item

    Hong Kong SFC approves 24/7 secondary trading of two tokenised money market funds on a licensed virtual asset platform

    Securities and Futures Commission of Hong Kong

  35. 2026-10-24 · Item

    Canada publishes draft Stablecoin Regulations: Bank of Canada registration, 1:1 reserves, three-day redemption, in force targeted for fall 2027

    Department of Finance Canada (Canada Gazette, Part I)

  36. 2026-10-24 · Item

    Piero Cipollone: digital euro pilot in 2027, rollout as early as 2029 if the regulation is approved this year

    European Central Bank

  37. 2026-10-23 · Item

    HSBC RedCoin launches today

    HSBC Hong Kong

  38. 2026-10-23 · Item

    Bank Negara Malaysia and Bank of Thailand join MAS-led BLOOM initiative on cross-border settlement in digital money

    Monetary Authority of Singapore

  39. 2026-10-22 · Item

    SoFi Launches SoFi Earn (SOFIE), the First and Only National Bank-Issued Tokenized Deposit for Consumers

    SoFi Technologies (via Business Wire on Nasdaq.com)

  40. 2026-10-21 · Item

    Anchorage Digital plans to seek MiCA and e-money authorisation in Ireland for EU custody and white-label EMT issuance

    Anchorage Digital

  41. 2026-10-21 · Item

    Piero Cipollone: Pontes and Appia — unlocking opportunities for banks

    European Central Bank

  42. 2026-10-21 · Item

    OCC Advances U.S. Digital Asset Leadership with Final Rule to Implement GENIUS Act

    Office of the Comptroller of the Currency

  43. 2026-10-21 · Item

    SBJ Bank, JPYC and LINE NEXT sign MOU for a proof of concept linking bank accounts to yen stablecoin wallet top-ups

    SBJ Bank (via PR TIMES)

  44. 2026-10-21 · Item

    Standard Chartered: Rethinking controls for institutional stablecoin adoption

    Standard Chartered

  45. 2026-10-20 · Item

    Anchorage Digital Bank to provide direct mint and redemption of its stablecoins to Securitize

    Anchorage Digital

  46. 2026-10-19 · Item

    Bank of Thailand consults on THB stablecoin rules: 100% deposit backing, one-business-day redemption, no interest, few issuers

    Bank of Thailand

  47. 2026-10-19 · Item

    DekaBank starts crypto offer for Sparkassen customers

    DekaBank (via lifePR)

  48. 2026-10-19 · Item

    JPM Coin deposit token goes live on Ethereum

    J.P. Morgan

  49. 2026-10-19 · Item

    Vantage Bank and Rio Bank complete a loan participation payment in tokenized deposits over the Hazel Network

    Custodia Bank (Participate release via EIN Presswire)

  50. 2026-10-16 · Item

    Jack Henry Expands Collaboration with Google Cloud to Deliver Tokenized Deposits for Banks and Credit Unions

    Jack Henry

  51. 2026-10-16 · Item

    Japan's three megabanks complete proof-of-concept for a jointly issued yen stablecoin

    Mitsubishi UFJ Trust and Banking (joint release with Mizuho Bank, MUFG Bank, SMBC and TISI)

  52. 2026-10-16 · Regulatory date

    MAS consultation on Payment Services Act amendments for stablecoins closed (opens source in new tab)

    MAS stablecoin framework · Monetary Authority of Singapore

  53. 2026-10-15 · Item

    Mastercard and BVNK launch Global Money Platform combining fiat and stablecoin accounts for banks and fintechs

    Mastercard

  54. 2026-10-15 · Item

    Riksbank asks Riksdag to start preparing digital krona legislation, citing digital euro and stablecoins

    Sveriges Riksbank

  55. 2026-10-15 · Item

    VersaBank Initiates Commercial Phase of Tokenized Deposit Program in the United States

    VersaBank

  56. 2026-10-15 · Item

    Visa Direct stablecoin capabilities move from pilot to production

    Visa

  57. 2026-10-14 · Item

    EBA classifies USDC as the first significant e-money token in the EU

    European Banking Authority

  58. 2026-10-12 · Item

    FSB Chair sets out FSB work on AI and stablecoins

    Financial Stability Board

  59. 2026-10-12 · Item

    FSB: Global stablecoin arrangements — cross-border vulnerabilities and financial stability monitoring

    Financial Stability Board

  60. 2026-10-12 · Item

    Standard Chartered launches RLUSD custody and plans collateral integration with Ripple and LMAX Group

    Ripple (joint release with Standard Chartered and LMAX Group)

  61. 2026-10-09 · Item

    MAS Managing Director Chia Der Jiun on building trusted foundations for digital finance

    Monetary Authority of Singapore

  62. 2026-10-08 · Item

    Bank of Korea says Project Hangang deposit-token live transactions for the public will start from year-end, with banks holding 7% reserves against tokens

    Bank of Korea

  63. 2026-10-08 · Item

    Standard Chartered plans digital asset custody for institutional clients in Singapore

    Standard Chartered

  64. 2026-10-07 · Item

    Tereina and Circle bring USDC and EURC into enterprise workflows, starting with SAP

    Circle

  65. 2026-10-07 · Item

    OCBC launches a 24/7 tokenised deposit solution with Ant International for treasury transfers between Singapore and Malaysia

    OCBC

  66. 2026-10-06 · Item

    Piero Cipollone: Money in the digital age — digital euro, tokenisation and the role of central banks

    European Central Bank

  67. 2026-10-06 · Item

    Korea’s Ministry of Finance and Economy proposes FX decree rules to register and monitor cross-border virtual asset transfers from 3 December 2026

    Ministry of Finance and Economy (Korea)

  68. 2026-10-05 · Item

    CFTC seeks comment on ANPRM for Regulation Crypto Asset Transactions and Regulation Crypto Asset Markets

    Commodity Futures Trading Commission

  69. 2026-10-01 · Item

    BoE's Sasha Mills: the legal and commercial frontier of digital assets

    Bank of England speeches

  70. 2026-10-01 · Item

    Korea’s FSC proposes rules to let stocks, bonds and funds be issued and traded as tokenized securities from 4 February 2027

    Financial Services Commission (Korea)

  71. 2026-10-01 · Item

    SEC Chairman Atkins on the proposal to address custody of crypto assets by advisers and funds

    SEC statements

  72. 2026-10-01 · Item

    SEC proposal on how investment advisers and funds can custody crypto assets

    U.S. Securities and Exchange Commission

  73. 2026-10-01 · Item

    Visa data shows stablecoins gaining traction in business payments

    Visa

  74. 2026-09-30 · Item

    FCA opens the gateway to regulated crypto

    Financial Conduct Authority

  75. 2026-09-30 · Item

    HSBC names its forthcoming Hong Kong stablecoin 'HSBC RedCoin'

    HSBC

  76. 2026-09-28 · Item

    Volante Technologies and Circle to advance stablecoin payment and settlement capabilities for financial institutions

    Circle

  77. 2026-09-24 · Item

    CFTC staff update FAQs on registrant activities relating to crypto assets and blockchain

    Commodity Futures Trading Commission

  78. 2026-09-24 · Item

    EBA identifies priorities for the review of MiCA

    European Banking Authority

  79. 2026-09-24 · Item

    Federal Reserve Board requests comment on GENIUS Act framework for Board-supervised payment stablecoin issuers

    Federal Reserve Board

  80. 2026-09-23 · Item

    Brazil central bank bars banks and payment institutions from crypto dealings with unauthorised providers from 6 November 2026

    Banco Central do Brasil

  81. 2026-09-23 · Item

    Visa study: safeguards could boost stablecoin use among Americans

    Visa

  82. 2026-09-22 · Item

    Canada's six largest banks jointly explore a Canadian-dollar tokenized deposit solution

    National Bank of Canada (joint release with BMO, CIBC, RBC, Scotiabank and TD)

  83. 2026-09-22 · Item

    Taiwan FSC opens applications for banks to pilot deposit tokens, which it says remain bank deposits in law

    Financial Supervisory Commission (Taiwan)

  84. 2026-09-21 · Item

    Eurosystem launches Pontes to settle tokenised wholesale transactions in central bank money

    European Central Bank

  85. 2026-09-17 · Item

    SEC issues “Innovation Exemption” for trading of tokenized NMS stock

    U.S. Securities and Exchange Commission

  86. 2026-09-16 · Item

    Deutsche Bank to launch digital asset custody for institutional and corporate clients in Europe

    Deutsche Bank

  87. 2026-09-15 · Item

    BoE's Carolyn Wilkins: lessons from history for stablecoins and US dollar dominance

    Bank of England speeches

  88. 2026-09-10 · Item

    DBS, OCBC and UOB complete first live Singapore dollar tokenised deposit transactions on Swift's ledger

    OCBC

  89. 2026-09-10 · Item

    OSFI: tokenized deposits are not legally distinct from traditional deposits

    Office of the Superintendent of Financial Institutions (Canada)

  90. 2026-09-03 · Item

    Bank of Korea study: USD stablecoin demand could start moving the won as Korea's digital asset market opens up

    Bank of Korea

  91. 2026-09-01 · Item

    MAS consults on legislative amendments to implement its stablecoin regulatory framework

    Monetary Authority of Singapore

  92. 2026-08-20 · Item

    HSBC and Standard Chartered execute first live tokenised deposit transaction on Swift's blockchain

    HSBC

  93. 2026-08-17 · Item

    Brazil central bank requires 24-hour precautionary hold on large virtual-asset transfers abroad

    Banco Central do Brasil (published by Ministério da Fazenda)

  94. 2026-08-03 · Item

    National Treasury and SARB publish draft Crypto Assets Manual for cross-border activities

    South African Reserve Bank

  95. 2026-07-31 · Item

    Bank of Korea Governor Shin: government plans to pay a quarter of central government treasury payments through the Project Hangang platform by 2030

    Bank of Korea

  96. 2026-07-30 · Item

    BIS Project Agorá completes real-value testing with 28 institutions, including five Korean banks settling KRW alongside the Bank of Korea

    Bank for International Settlements

  97. 2026-07-16 · Item

    Visa introduces platform for stablecoin minting, movement and management

    Visa

  98. 2026-07-08 · Item

    Swift's blockchain ledger ready for initial use as 17 banks prepare tokenised cross-border payments

    Swift

  99. 2026-07-04 · Item

    DDSC dirham stablecoin receives CBUAE approval for selected VARA-regulated exchanges

    DDSC (press release via Zawya)

  100. 2026-07-01 · Item

    Czech National Bank grants MiCA crypto-asset service licences to 11 entities

    Czech National Bank

  101. 2026-07-01 · Item

    Sweden's MiCA transition period has ended: only authorised crypto firms may now serve Swedish customers

    Finansinspektionen (Sweden)

  102. 2026-07-01 · Regulatory date

    MiCA CASP transitional (grandfathering) period ends EU-wide (opens source in new tab)

    MiCA · ESMA (MiCA Interactive Single Rulebook)

  103. 2026-06-30 · Item

    Swissquote Bank Europe obtains Luxembourg MiCA CASP licence

    Luxembourg for Finance

  104. 2026-06-30 · Regulatory date

    MiCA transitional period for crypto-asset service providers in Sweden expired (opens source in new tab)

    MiCA (Swedish transitional period) · Finansinspektionen

  105. 2026-06-29 · Item

    FSTB and HKMA to further unlock potential of DLT in Hong Kong’s fixed income market

    Hong Kong Monetary Authority

  106. 2026-06-10 · Item

    HKMA showcases tokenisation use cases to corporate treasury centres

    Hong Kong Monetary Authority

  107. 2026-06-09 · Item

    SARB Deputy Governor Rashad Cassim: payments, digital assets and the future of finance

    South African Reserve Bank

  108. 2026-06-05 · Item

    HKMA establishes Tokenised Bond Expert Group

    Hong Kong Monetary Authority

  109. 2026-05-27 · Item

    BIS: Project Agorá shows tokenisation can improve wholesale cross-border payments; moving to real-value testing

    Bank for International Settlements

  110. 2026-05-27 · Item

    Bank of Canada joins BIS Project Agorá to test tokenized wholesale cross-border payments

    Bank of Canada

  111. 2026-05-14 · Item

    Bank of Korea issue note: tokenized assets should settle first in central bank money and tokenized deposits, with stablecoins supplementary

    Bank of Korea

  112. 2026-04-15 · Item

    South Africa's FSCA has approved 310 of 533 crypto asset service provider licence applications

    Financial Sector Conduct Authority (South Africa)

  113. 2026-04-10 · Item

    HKMA grants first stablecoin issuer licences to Anchorpoint and HSBC

    Hong Kong Monetary Authority

  114. 2026-02-11 · Item

    Bank Negara Malaysia onboards three ringgit stablecoin and tokenised deposit initiatives to its Digital Asset Innovation Hub

    Bank Negara Malaysia

  115. 2026-02-06 · Regulatory date

    Consultation on payment instrument institution and crypto-institution licences closes (opens source in new tab)

    Swiss Financial Institutions Act amendment (stablecoins, crypto-institutions) · Swiss Federal Council

  116. 2025-11-17 · Status

    Zand AED: AED-backed stablecoin on public blockchains, issued by Zand Trust: technical Live — commercial, within explicit scope (opens source in new tab)

    Release headline says Zand launches Zand AED and states it is available across multiple public blockchains; issuer is Zand Trust.

  117. 2025-11-12 · Item

    J.P. Morgan makes JPM Coin (JPMD) USD deposit token available to institutional clients

    J.P. Morgan

  118. 2025-10-22 · Item

    Swiss Federal Council opens consultation on new licences for stablecoin issuers and crypto-institutions

    Swiss Federal Council

  119. 2025-08-01 · Regulatory date

    Hong Kong regulatory regime for stablecoin issuers comes into effect (opens source in new tab)

    HK Stablecoins Ordinance · Hong Kong Monetary Authority

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