Crypto / Digital Assets

Crypto / Digital Assets

Taiwan Considers Platform Design for Possible Future CBDC

By Editors | 08/12/2023

Taiwan’s central bank has completed a wholesale CBDC feasibility and technology study but has not yet decided whether to introduce a CBDC.

Capital / Liquidity

BCBS Says it Will Launch Three New Consultations

By Manesh Samtani | 08/12/2023

The consultations will deal with the standards for crypto assets, interest rate risk in the banking book, and window-dressing by G-SIBs.

Crypto / Digital Assets

Singapore, China Announce New Bilateral Cooperation Agreements

By Manesh Samtani | 08/12/2023

The agreements include a cross-border e-CNY pilot, a possible PayNow-UnionPay linkage, and an MoU between SGX and GFEX.

Crypto / Digital Assets

Solomon Islands Central Bank Starts Testing CBDC

By Editors | 08/12/2023

The central bank is testing the CBDC for retail transactions, P2P transfers, interbank transactions, and cross-border payments.

Crypto / Digital Assets

Japan Prepares to Relax Crypto Taxation Policies

By Editors | 08/12/2023

The reforms will allow corporations to hold crypto assets without being taxed on unrealised gains at the end of each year.

Crypto / Digital Assets

US Authorities Secure Guilty Plea from Crypto Founder

By Editors | 07/12/2023

Anatoly Legkodymov pleaded guilty to operating Hong Kong-registered Bitzlato as a money transmitting business that allowed criminals to launder illicit proceeds.

Uncategorised

HK SFC Adds Two New Suspicious VATPs on Alert List

By Sanday Chongo Kabange | 07/12/2023

The SFC has warned the public to be wary of two suspicious VATPs – HongKongDAO and BitCuped – and asked the police to block them.

Crypto / Digital Assets

Korea & Italy to Cooperate on RTGS Systems & CBDC

By Editors | 07/12/2023

Bank of Korea and Bank of Italy will share skills and knowledge and cooperate on technologies that support RTGS systems and CBDC.

Crypto / Digital Assets

SocGen Becomes First Major Bank to List Stablecoin

By Editors | 07/12/2023

The euro-pegged stablecoin was listed on crypto exchange Bitstamp, which has licences in Luxembourg and France.