Crypto / Digital Assets

AML / KYC

Taiwan FSC Identifies Crypto ATMs Breaching AML Rules

By Editors | 28/01/2022

Of 16 companies that have reported their AML compliance to the FSC, 13 will be required to make corrections.

AML / KYC

Will 2022 Be the Year of NFT Regulation?

By Javier Tamashiro | 27/01/2022

The jury is still out on how the NFT arena will be regulated, but marketplaces should still be applying a baseline standard of compliance practice, says Javier Tamashiro.

AML / KYC

Faster Transactions Impeding Scam Loss Recoveries: HK Police

By Sanday Chongo Kabange | 27/01/2022

Online banking, electronic payment services and cryptocurrency wallets have made it more difficult to recover scam proceeds.

AML / KYC

COSMIC Will Yield Significant and Far Reaching Benefits

By Jamil Ahmed | 26/01/2022

Singapore is taking a leap forward in how its financial services industry detects and combats financial crime, says Jamil Ahmed.

Fintech / Regtech

Thailand to Prohibit Use of Digital Assets in Payments

By Manesh Samtani | 26/01/2022

The SEC is consulting on draft rules that will prohibit digital asset businesses from enabling merchants to accept crypto as payment for goods and services.

Fintech / Regtech

Russian Central Bank Proposes to Impose Crypto Ban

By Mark Johnston | 25/01/2022

A proposed ban against investing in cryptocurrencies would also apply to institutional investors and mutual funds, the central bank says.

Fintech / Regtech

US May Soon Unveil Regulatory Approach for Crypto – Report

By Manesh Samtani | 24/01/2022

A government-wide strategy for digital assets may be released in a White House executive order as early as next month.

Big Picture

IMF Commends Hong Kong Efforts to Safeguard Stability

By Manesh Samtani | 23/01/2022

Hong Kong banks’ exposures to the mainland property market warrant continued close monitoring and periodic stress testing.

Crypto / Digital Assets

Laos Central Bank Authorises Crypto Exchange Platforms

By Editors | 23/01/2022

Cryptocurrency exchange platforms Lao Digital Assets Exchange and Bitqik are expected to start providing services in April.