Stablecoins

South Korea Launches First Won-Backed Stablecoin in Pilot Phase

19/09/2025

Digital asset custodian BDACS has launched KRW1 in a proof-of-concept phase, with full fiat collateral held at major lender Woori Bank.

Structural Regulation

Taiwan Eases Custody Rules for Offshore Securities Units

19/09/2025

The FSC will permit offshore securities units to use qualified foreign custodians for client funds to boost Taiwan's asset management ambitions.

Credit Risk

Hong Kong Extends and Expands SME Loan Guarantee Scheme

19/09/2025

The government will also extend the principal moratorium arrangement by one year to provide further support for small and medium-sized enterprises.

Operational Risk

ASIC Tests Super Trustee Duties in Court Amid Widening Probe

19/09/2025

Regulators are pursuing "landmark" legal action and a wider industry probe following the collapse of high-risk funds.

Market Abuse

US Regulator Fines Korea's Shinhan Securities for NYMEX Wash Trades

19/09/2025

The Korean firm will pay a USD 212,500 penalty for executing trades that negated market risk, receiving a reduced fine for cooperation.

Credit Risk

China Deploys Financial Tools to Steer Credit into Service Sector

18/09/2025

The PBOC is using relending facilities and encouraging asset securitisation to boost credit supply for consumer-facing service businesses.

Anti-Money Laundering

Report Alleges $1.5B Money Laundering Network Linked to Shinawatra Dynasty, KuCoin

18/09/2025

An investigation claims a criminal network connected to former PM Thaksin Shinawatra and crypto firm KuCoin is moving illicit funds from Cambodian scam hubs.

Fraud, Scams & Cybercrime

Fugitive Wirecard COO Found in Moscow, Linked to Russian Spy Operations

18/09/2025

An international investigation has located Jan Marsalek, who is living under a new identity and working with Russia's FSB.

Cloud & Infrastructure

GLEIF and IOTA Partner to Embed Digital IDs in DLT-Based Trade

18/09/2025

The collaboration will use the Legal Entity Identifier on a distributed ledger to streamline supply chain compliance and secure trade finance.