Policy Event Β· High impact

The Clearing House Selects Quant For Tokenized Deposit Settlement Network

The Clearing House selected Quant to support its On-Chain Money Initiative, an interoperable network for financial institutions to clear and settle tokenized deposit transactions. The project links tokenized bank money with existing RTP and CHIPS rails, raising controls around account identity, settlement finality, reversals and permissioned operator powers.

High impactπŸ‡ΊπŸ‡Έ United StatesTokenizationBankingRegulationRWAUSDThe Clearing HouseQuant

APAC FINSTAB analysis

Although this is outside core APAC, it is relevant because global market-structure, enforcement, and stablecoin precedents often shape licensing expectations for APAC exchanges, issuers, custodians, and DeFi teams. Protocols/assets in scope: RWA, USD. Named institutions or platforms: The Clearing House, Quant. Teams should monitor the original source, map the change to licensing, custody, disclosure, and market-access obligations, and update their jurisdiction playbooks before the next compliance review.

Compliance read-through: map this event to entity licensing, market-access, custody, disclosure, token listing, and operational-risk obligations before expanding or marketing in the affected jurisdiction.

View related Tokenization tracker page β†’

Related policy events

CPC Decision Targets Crypto-Enabled Corruption And Cross-Border Asset Recovery

A CPC Central Committee decision published by Xinhua calls for resolute action against corruption involving the internet, virtual currencies, cross-border funds, and blockchain, alongside stronger cross-border casework and asset recovery. The policy signal increases expectations for transaction tracing, beneficial-owner checks, and cooperation with enforcement requests at digital-asset intermediaries.

High impactπŸ‡¨πŸ‡³ ChinaRegulationAMLEnforcement