CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

Japan Mulls Overhaul of Approach to Financial Industry Regulation

By Garima Chitkara | 01/03/2018

New rules propose an approach focused on financial function rather than individual entities; and are expected bring traditional financial firms and fintech firms on level playing field.

AML / KYC

Malaysia Issues AML/CTF Policy for Cryptocurrency Exchanges

By Manesh Samtani | 01/03/2018

Cryptocurrency exchanges are required to fully identify all customers and monitor for money laundering and terrorist financing activities.

Crypto / Digital Assets

S.Korea to ‘Encourage’ Banks to Deal with Crypto Exchanges

By Manesh Samtani | 22/02/2018

FSS governor says government will support ‘normalised trading’ of cryptocurrencies, requiring interaction of banks and crypto exchanges.

Crypto / Digital Assets

Japan FSA to Empower Self Regulatory Body for Cryptocurrency

By Manesh Samtani | 19/02/2018

Self regulatory organisation will create rules and set penalties for breaches of self-imposed rules.

Crypto / Digital Assets

S. Korea Explores NY-style ‘Bitlicense’ for Cryptocurrency

By Manesh Samtani | 14/02/2018

The plan could include minimum capital and financial reporting requirements to qualify for a cryptocurrency exchange license.

Crypto / Digital Assets

Thailand Banks Banned from Cryptocurrency Activities

By Manesh Samtani | 14/02/2018

Banks prohibited from trading, advising on, and creating platforms for cryptocurrency.

Crypto / Digital Assets

Australia Won’t Follow US, UK Credit Card Bans for Crypto

By Manesh Samtani | 09/02/2018

ANZ, Westpac, NAB have no restrictions on buying cryptocurrency with credit cards, the banks confirmed.

Crypto / Digital Assets

Key Regulators Weigh in on Cryptocurrencies: CFTC, SEC, BIS

By Manesh Samtani | 07/02/2018

The US Senate Banking Committee held a fact-finding hearing seeking the views of both the CFTC and SEC chairmen on cryptocurrency regulation.

Fintech / Regtech

China Blocks Domestic Investors from Accessing Cryptocurrency Overseas

By Manesh Samtani | 06/02/2018

Access to foreign websites related to cryptocurrency restricted; search engine and social media advertisements purged.