Crypto / Digital Assets

AML / KYC

FATF Urges Faster Implementation of Travel Rule in Crypto Sector

By Editors | 06/07/2021

Slow implementation of travel rule requirements is acting as a disincentive to VASPs to invest in the necessary technology and compliance infrastructure.

AML / KYC

FATF Examines Collaborative Analytics and the Need for Privacy

By Manesh Samtani | 06/07/2021

An AML risk information sharing platform in trial operation in China allows FIs to check whether a customer is labelled high risk by other FIs without any customer data being exchanged.

AML / KYC

Taiwan: New AML Rules For Crypto Exchanges Take Effect

By Sanday Chongo Kabange | 05/07/2021

Crypto exchanges in Taiwan have to report transactions worth more than TWD 500,000 and fulfill KYC requirements.

Crypto / Digital Assets

SFC Sets Out Key Priorities in Annual Report

By Manesh Samtani | 03/07/2021

The SFC is implementing a number of projects that seek to leverage new technologies to enhance risk detection and workflow efficiency.

AML / KYC

FSC Korea Concerned of Embezzlement by Crypto Exchanges

By Editors | 02/07/2021

As the 24 September deadline for VASPs to register their businesses approaches, some businesses may close down, presenting risks to customer deposits.

Crypto / Digital Assets

SC Malaysia Expands Sophisticated Investor Definition

By Editors | 02/07/2021

More investors will be allowed to expand their investment options and issuers will be able to tap into a larger pool of sophisticated investors.

Crypto / Digital Assets

New Registry for Digital Token Identifiers Goes Live

By Editors | 01/07/2021

The launch of the new registry comes ahead of the scheduled publishing of the ISO standard in Q3 2021, to meet urgent industry and regulatory needs.

AML / KYC

Binance Deploys New AML Solution Amid Regulatory Pressure

By Ranamita Chakraborty | 01/07/2021

Binance has deployed a new AML compliance solution in the face of a ban in the UK and warnings from Japanese and Thai regulators.

Securities / Derivatives

ASIC Proposes New Guidance for Crypto-asset ETPs

By Editors | 01/07/2021

In ASIC’s view, only bitcoin and ether are likely to satisfy proposed criteria for determining whether a crypto-asset is appropriate as an ETP’s underlying asset.