CRYPTO / DIGITAL ASSETS

Capital / Liquidity

What Happens When We Face the Next Banking Crisis?

By Peter Guy | 05/07/2018

A recent IMFBlog post suggests policymakers and regulators are still unprepared to confront the stark moral and economic dilemmas in handling bank failures.

Fintech / Regtech

Thailand’s Securities Firms Seek to Launch Joint Crypto Exchange

By Emma Zhou | 03/07/2018

Security companies in Thailand are looking to join hands in setting up a crypto exchange, believing customers will prefer trading with known securities businesses.

Crypto / Digital Assets

Philippines to Issue Crypto Exchange Licences at Economic Zone

By Emma Zhou | 03/07/2018

Cagayan Economic Zone Authority will issue 25 licences for crypto exchanges to operate in the economic zone; authority to focus on regulations that protect investors.

Fintech / Regtech

Japan’s Line Corp To Launch Crypto Exchange in Singapore

By Garima Chitkara | 02/07/2018

Cryptocurrency exchange will be launched outside Japan, with application with Japan FSA still pending; Line Corp looking to capitalise on user base for payments, transfers and asset management services.

Market Infrastructure

SWIFT and the Death of Global Financial Regulations

By Peter Guy | 02/07/2018

Intense geopolitical rivalries and new technologies threaten a new Cold War by enabling weaponisation of the international payment system and disruption of the international financial order.

Crypto / Digital Assets

Japan to Use Credit Scores to Monitor Crypto Trading

By Emma Zhou | 29/06/2018

The Japanese government plans to use personal credit information and social media IDs to monitor suspicious crypto trading activities and accounts.

AML / KYC

Non-EU Markets Regulators Seek Formal GDPR Exemptions – Report

By Manesh Samtani | 28/06/2018

New EU data privacy law could put cross-border investigations in jeopardy, leading non-EU regulators including Japan’s FSA and Hong Kong’s SFC to press for formal clarification on application of cross-border information sharing exemptions.

AML / KYC

S. Korea Tightens AML Rules for Cryptocurrencies

By Emma Zhou | 28/06/2018

New guideline requires financial institutions to strengthen monitoring and enhance due diligence on accounts intended for crypto exchange operations and report suspicious transactions to KoFIU, including transfers to overseas exchanges.

Crypto / Digital Assets

India Reverses Stance on Cryptocurrency?

By Emma Zhou | 27/06/2018

India official says the government will release new cryptocurrency regulatory framework next month; Supreme Court brings forward hearings on petitions challenging earlier RBI ban.