CRYPTO / DIGITAL ASSETS

    Fintech / Regtech

    Shariah Fintech – A Case Study of Indonesia

    By Sharifah Nursyafiqah | 25/07/2018

    Better support and regulation for Shariah-compliant fintech will serve to boost the Islamic finance industry, increasing the share of Islamic banks in Indonesia’s financial services sector and ultimately making it more competitive.

    Crypto / Digital Assets

    S. Korea FSC Reorganises to Meet ‘Fourth Industrial Revolution’

    By Editors | 24/07/2018

    New body charged with industry-wide consumer protection issues; Financial Innovation Bureau formed to respond to new challenges including cryptocurrency.

    Crypto / Digital Assets

    Japan FSA Reorganises to Meet Fintech Challenge

    By Editors | 19/07/2018

    Newly created Strategy Development and Management Bureau responsible for financial policy, fintech, cryptocurrencies, money laundering, as well as administraitive duties and inspections at financial institutions.

    Crypto / Digital Assets

    Crypto Assets Come Under International Regulatory Scrutiny

    By Garima Chitkara | 19/07/2018

    The FSB submitted a report to the G20 detailing a framework to monitor potential contagion risks and wealth effects arising from crypto-assets.

    Crypto / Digital Assets

    Bank-backed Crypto Exchange Opens to Retail Investors in Japan

    By Garima Chitkara | 19/07/2018

    Following limited launch by SBI Holdings in June, cryptocurrency exchange VCTRADE has now begun accepting retail investors; no applications allowed from corporate or institutional investors.

    Fintech / Regtech

    Thailand Explores Blockchain Use for Banking, Bonds Settlement

    By Garima Chitkara | 18/07/2018

    BOT looking at blockchain applications for document authentication, cross-border payments and regional connectivity; Bond Market Association working to release a bond settlement token.

    AML / KYC

    Australian Tax Officials To Crack Down On Crypto Traders

    By Garima Chitkara | 12/07/2018

    The Australian Tax Office will use cross border data sharing agreements to track tax obligations of cryptocurrency traders, though tax implications from major gains will likely be confined to a few individuals.

    Crypto / Digital Assets

    RISE HK: Regulation Needed to Clean Up Crypto Sector

    By Manesh Samtani | 12/07/2018

    At the RISE conference in Hong Kong this week, industry participants called for regulation in the crypto sector “earlier rather than later”, to avoid backlash which could set the industry back.

    Fintech / Regtech

    Thailand Publishes Regulatory Framework for ICOs

    By Emma Zhou | 10/07/2018

    New framework will task companies known as ICO portals with screening issuers and cap retail investment in ICO projects, starting from 16 July.

    Crypto / Digital Assets

    India’s Supreme Court Upholds RBI Crypto Ban

    By Emma Zhou | 05/07/2018

    RBI ban on financial institutions providing services to companies and individuals dealing in cryptocurrencies was upheld by the Supreme Court on Tuesday; next hearing scheduled for 20 July.

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