Crypto / Digital Assets

Korea to Allow Crypto Firms to be Certified as Venture Businesses

10/09/2025

The change reverses a seven-year-old restriction, enabling virtual asset firms access to tax incentives, subsidies, and financial support.

Crypto / Digital Assets

ICBC, HSBC Joining Race for HK Stablecoin Licences - Report

09/09/2025

The banks have reportedly expressed interest to the HKMA, joining a crowded field vying for one of the first issuer licences.

Sanctions

China to Reopen 'Panda Bond' Market to Russian Energy Firms

09/09/2025

Regulators have reportedly signalled support for renminbi-denominated bond sales by Russian energy groups.

Fintech / Regtech

South Korea Taps Major Banks for Digital Currency Subsidy Trial

09/09/2025

BOK is moving forward with a pilot to distribute state subsidies using a programmable digital currency, aiming to curb fraud.

Enforcement

Global Banks Pay $8.3 Million to Settle CFTC Compliance Probes

09/09/2025

Settlements with Citigroup, UBS, and others are the first result of a new CFTC 'enforcement sprint' initiative tackling non-fraud cases.

AML / KYC

AUSTRAC Sheds Light on Major Financial Crimes Unravelled by Intelligence

08/09/2025

Financial intelligence has exposed a police officer's gold-funded gambling scheme and helped dismantle multi-million dollar illicit tobacco syndicates across two states.

Enforcement

ANZ New Zealand to Pay NZ$3.25m Over Misleading Statements

08/09/2025

The payment follows admissions by the bank that it breached fair dealing laws related to unarranged overdraft fees and mortgage incentive clawbacks.

Enforcement

China Probes Former CSRC Chief Yi Huiman in Graft Crackdown

08/09/2025

The investigation is reportedly linked to Yi's long career at ICBC, marking a major development in the sector's anti-corruption drive.

Crypto / Digital Assets

ASIC Takes Crypto 'Financial Product' Definition to High Court

08/09/2025

The regulator will appeal a lower court ruling that a fixed-yield crypto product was not a financial service requiring a licence.