Crypto / Digital Assets

    image

    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.

    image

    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.

    image

    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.

    image

    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.

    image

    Crypto / Digital Assets

    SFC, HKPF Form Dedicated Working Group on VATPs

    By Sanday Chongo Kabange | 05/10/2023

    The working group will facilitate information sharing and collaboration on monitoring and investigations involving crypto platforms.

    image

    Sanctions

    OFAC Sanctions China-based Network for Fentanyl Production, Trafficking

    By Editors | 04/10/2023

    The DOJ unsealed indictments charging Chinese companies and their employees for illicit drug production, distribution, and sales of precursor chemicals.

    image

    Crypto / Digital Assets

    BIS Project Yields PoC Data Platform for Analysing Global Crypto Flows

    By Manesh Samtani | 04/10/2023

    Project Atlas combines on- and off-chain information to create a data platform that allows policymakers and central banks to analyse international flows of cryptoassets.

    image

    Enforcement

    US Judge Denies SEC Permission to Appeal Ripple Ruling

    By Editors | 04/10/2023

    The July ruling found that programmatic sales of Ripple’s XRP digital token on public exchanges was not a breach of federal securities laws.

    image

    Crypto / Digital Assets

    UPDATE – UBS, SBI Launch Tokenised VCC Fund Pilot in Singapore

    By Editors | 04/10/2023

    The live pilot of a tokenised money market fund was launched under a wider VCC umbrella as part of Project Guardian.

    image

    Crypto / Digital Assets

    Korea: Three Securities Firms Form Digital Securities Consortium – Report

    By Editors | 04/10/2023

    The three securities firms hope to share costs and gain economies of scale to attract more issuers for STOs.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.