Crypto / Digital Assets

Capital / Liquidity

Intangibles Disclosure Framework Progresses Towards Intangible Assets Valuation

By Jill Wong | 11/10/2023

Frederick Chin, co-chairman of the Intangibles Disclosure Industry Working Group, talks to Regulation Asia about the Intangibles Disclosure Framework.

Sanctions

OFAC Sanctions Target Drug Trafficking, Crypto Abuse – Chainalysis

By Jill Wong | 10/10/2023

OFAC sanctions against several Chinese entities are an important step in preventing crypto abuse by criminal syndicates, Chainalysis says.

Crypto / Digital Assets

UK FCA Issues 146 Alerts Against Crypto Firms

By Editors | 09/10/2023

The alerts came soon after new rules took effect prohibiting crypto firms from advertising to UK consumers without the FCA’s authorisation.

Crypto / Digital Assets

Singapore Law Well-Placed to Support Digital Bonds Growth

By Jill Wong | 09/10/2023

Singapore law has what it takes to support the growth of the digital bonds market, say two Linklaters lawyers.

Crypto / Digital Assets

Unregulated Crypto Could Create “Alternate Financial System”: IMF

By Nithya Subramanian | 09/10/2023

It has highlighted the need to step up transparency and data collection while proposing a country-level risk assessment matrix.

Crypto / Digital Assets

China Establishes CBDC Connectivity with Hong Kong FPS

By Editors | 07/10/2023

Members of the Hong Kong delegation at the Asian Games in Hangzhou are able to download the e-CNY mobile app and recharge their accounts via FPS.

Crypto / Digital Assets

ESMA Issues Second Consultation on MiCA Technical Standards

By Editors | 07/10/2023

The consultation covers sustainability indicators of CASPs, trade transparency, record-keeping, and machine-readability of white papers.

Crypto / Digital Assets

BCBS to Issue New Consultations on Climate, Crypto Disclosures

By Editors | 06/10/2023

Consultation on bank disclosures of crypto exposures coming “soon”. Consultation on Pillar 3 disclosures for climate-related financial risks coming in November.

Fintech / Regtech

BIS to Advise Korea on Design & Implementation of CBDC Pilot

By Sanday Chongo Kabange | 05/10/2023

South Korean regulators will start testing a wholesale CBDC with commercial banks this month, and a retail CBDC in Q4 of next year.