Amidst the rapidly evolving digital finance landscape, the Asia-Pacific region stands at the forefront embracing innovative technologies such as Central Bank Digital Currencies (CBDCs), tokenised deposits, purpose-bound money, and systems for the tokenisation of securities and bonds. These advancements signify a pivotal shift towards a more efficient, secure, and inclusive financial ecosystem. CBDCs, serving as digital forms of a country's fiat currency, aim to enhance payment efficiency and security while ensuring