Cryptocurrency

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.

Stablecoins

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.

Trading & Investment

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.

CBDCs

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.

Supervision & 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.

Anti-Money Laundering

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.

Supervision & 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.

Anti-Bribery & Corruption

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.

Cryptocurrency

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.