Binance's recent investment in Hg Exchange rendered its licensing application “somewhat redundant", CEO Changpeng Zhao said.
ASIC proposes to start communicating with company directors more routinely regarding findings from its audit inspections.
Deputy governor Chuchi Fonacier explains the BSP's policy approach to sustainability, highlighting the central bank's role as an 'enabler', 'mobiliser' and 'doer'.
The proposed rules would bar digital asset fund managers from investing customer assets on DeFi platforms and digital asset advisers from recommending them to investors.
Treasury will leverage its AML expertise to augment human trafficking investigations, and develop advisories to alert FIs to potential red flags.
Beginning 4 January 2022, all non-resident investors trading debt securities must register with the BOT and settle trades through segregated securities accounts.
As of end-June 2021, there were over 3,000 rural banks nationwide. However, only 21 of them offer PESONet and 11 offer InstaPay for electronic fund transfer services.
The move will improve China's short-selling mechanism, which will decrease market volatility, improve price discovery, reduce market risk, and create additional income for insurers.
The RBNZ offers suggestions on the new disclosure standards being developed by the XRB, and proposes policy options to increase the flow of private capital into low-emissions investment.
The SEC is seeking PHP 2.6 billion over a five year period to implement sweeping digital transformation initiatives, including to upgrade existing systems.