Crypto / Digital Assets

Australia: Block Earner Wins ASIC Case Over Crypto Product Licensing

23/04/2025

The Full Court overturned the Federal Court’s previous decision that Block Earner’s crypto product was a financial product requiring licencing.

AML / KYC

SFC Imposes Six Month Ban on Former Executive of CSC Futures

23/04/2025

The SFC said the former senior manager failed to discharge his duties as a responsible officer, resulting in AML/CFT failures by CSC Futures.

BSP, IFC to Develop Movable Asset Financing in Philippines

22/04/2025

The BSP and the IFC will collaborate to develop Philippines’ movable finance market and improve credit access for MSMEs.

ESG / Sustainability

ACCC Proposes Conditions for Sustainable Finance Collaboration

22/04/2025

ACCC is seeking public input on authorising ASFI and industry participants to collaborate on sustainable finance.

Crypto / Digital Assets

Thailand SEC Revises Advertising Rules for Crypto, Digital Tokens

22/04/2025

The revised advertising rules improve the size and format of warning text, which should cover both cryptocurrency and digital token products.

NZ Banking Reform Group Urges FMA to Use New CoFi Powers Against Banks

16/04/2025

The Banking Reform Coalition wants the FMA to force banks to pass lower interest rates to consumers sooner.

AML / KYC

Westpac NZ to Pilot New ‘Basic’ Bank Account Service

15/04/2025

A basic bank account was one of the 2023 recommendations of a 14-month competition study by the Commerce Commission.

Enforcement

ASIC Sues Wiluna Mining Over 2022 Disclosure Breaches

15/04/2025

Wiluna Mining announced in June 2022 that it had raised A$57.3mn when only A$50.3mn of funds were actually received.

Crypto / Digital Assets

Philippine SEC Launches New Regulatory Sandbox for Crypto

15/04/2025

The SEC is inviting firms to apply to participate in testing products and services in a new crypto regulatory sandbox.