CRYPTO / DIGITAL ASSETS

    AML / KYC

    US Treasury Seeks Input on Illicit Finance Risks in Crypto

    By Editors | 19/09/2022

    The RFC calls for input on how to prevent crypto from being used for illicit finance, including through analytics tools and AML/CFT regulations.

    Fintech / Regtech

    FSTB, SFC Declare Support for STO Business in Hong Kong

    By Editors | 19/09/2022

    The SFC’s Elizabeth Wong said firms that are interested in STOs are encouraged to discuss their proposals with the regulator’s Fintech unit.

    Crypto / Digital Assets

    CyberSecurity Malaysia, MX Global Partner on Digital Assets

    By Editors | 19/09/2022

    The collaboration includes research and development, joint solution development, and cyber risk training and awareness programmes.

    Crypto / Digital Assets

    ECB Selects Five Firms to Develop CBDC User Interfaces

    By Editors | 18/09/2022

    CaixaBank, Worldline, EPI, Nexi and Amazon will each focus on one specific use case of a digital euro in the prototyping exercise, the ECB said.

    Crypto / Digital Assets

    Thai SEC Proposes to Ban Crypto Lending, Staking Services

    By Editors | 18/09/2022

    A minimum investment amount is also proposed for each digital asset transaction.  Meanwhile, the SEC is considering allowing asset managers to set up digital asset funds.

    Crypto / Digital Assets

    BIS, HKMA to Explore Use of DeFi Tools for SME Finance

    By Editors | 18/09/2022

    Project Dynamo will study whether and how DeFi tools such as blockchain and smart contracts can improve access to finance for SMEs.

    AML / KYC

    US Unveils Comprehensive Plans for Regulating Digital Assets

    By Manesh Samtani | 18/09/2022

    Reports released by the White House, Treasury, Commerce and DOJ will help ensure a coordinated and comprehensive approach to digital assets policy.

    AML / KYC

    OFAC Issues Guidance on Transacting With Tornado Cash

    By Editors | 18/09/2022

    US persons may request a specific licence from OFAC to complete transactions involving sanctioned crypto mixer Tornado Cash.

    Crypto / Digital Assets

    MAS Launches New Transformation Map for Financial Industry

    By Editors | 16/09/2022

    MAS will promote the FX trading ecosystem, enhance fund structures, support fintechs, improve its bond infrastructure, and scale up sustainable and transition financing.

    Crypto / Digital Assets

    US Heavyweights Announce Plans to Launch Crypto Exchange

    By Editors | 15/09/2022

    EDX Markets is backed by Citadel Securities, Fidelity Investments, Charles Schwab, Virtu Financial, Sequoia Capital and Paradigm.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team