Crypto / Digital Assets

HashKey Obtains New Approvals in Hong Kong, Singapore

10/11/2022

HashKey has full approval to operate a crypto trading platform in Hong Kong and in-principle approval to offer fund management services in Singapore.

Fintech / Regtech

OJK Indonesia Launches New Platform for Credit Checks

10/11/2022

The platform will enable debtors to check their own credit records and held lenders decide whether to grant credit to customers.

Crypto / Digital Assets

OFAC Redesignated Tornado Cash to Link to DPRK WMD Programme

10/11/2022

The August designation did not connect Tornado Cash to North Korea’s nuclear programme.

Crypto / Digital Assets

StanChart to Consider Offering Retail Crypto Services in Hong Kong

10/11/2022

CEO Bill Winters said Standard Chartered Bank will consider offering crypto trading services to Hong Kong retail customers.

ESG / Sustainability

UN Panel, IOSCO Call for Action to Stop Greenwashing

10/11/2022

A UN expert group says companies claiming to be on a path to net zero cannot also be building or investing in new fossil fuel assets.

Capital / Liquidity

BSP Proposes to Launch New Intraday Liquidity Facility

09/11/2022

Proposed rules governing the intraday liquidity facility are being circulated among banks and non-banks.

Crypto / Digital Assets

HSBC to Launch Tokenisation Platform for Digital Bond Issuance

09/11/2022

HSBC said the European Investment Bank is exploring using the platform to issue the market’s first-ever GBP tokenised bond.

Crypto / Digital Assets

Philippines: Union Bank Starts Offering Crypto Services

09/11/2022

Union Bank’s digital asset platform, developed by Swiss firm Metaco, went live last week, offering trading in bitcoin and ether.

Capital / Liquidity

Binance Signs Non-Binding Agreement to Acquire Rival FTX

09/11/2022

The non-binding agreement comes amid a liquidity crunch at FTX, prompted by $6bn of withdrawals in the 72 hours before Tuesday morning.