Hughes named Asia, the Middle East and Bermuda as jurisdictions moving quickly on rules. Apex is also developing a tokenization project for Saudi Arabia with droppRWA and Tokeny.
- Apex CEO Peter Hughes warns that delays in U.S. crypto legislation could drive firms to jurisdictions with clearer regulations like Asia, the Middle East, and Bermuda.
- Apex is actively involved in a real-world asset tokenization project in Saudi Arabia, aiming to link asset verification with regulated investment structures.
- Hughes highlights the potential of tokenized money-market funds and regulated yield-bearing stablecoins to drive institutional adoption, emphasizing the need for reserve transparency.
Topics: Jurisdictions, Legal regulatory, Infrastructure providers, Emerging hubs, Regulatory sandboxes pilots, Tokenization platforms
Tags: #apexgroup #peterhughes #cryptolegislation #tokenization #saudiarabia #middleeast #regulatoryclarity #stablecoins #yieldbearingstablecoins #assetverification