Crypto / Digital Assets

Crypto / Digital Assets

Malaysia Budget 2019 Targets Tech in Capital Market Measures

By Editors | 05/11/2018

Measures include new regulatory framework for cryptocurrencies, and a new fund to be invested via ECF and P2P platforms alongside private investors, among others.

AML / KYC

Taiwan Cracks Down On Anonymous Virtual Currency Transactions

By Garima Chitkara | 05/11/2018

Taiwan has amended its AML/CFT laws, forbidding anonymous cryptocurrency transactions and empowering the FSC to take action against noncompliant platform operators.

Crypto / Digital Assets

Hong Kong Targets Investor Protection in New Approach to Crypto Regulation

By Manesh Samtani | 02/11/2018

The SFC will bring crypto-asset portfolio managers, fund distributors and eventually exchanges under its regulatory net, said Ashley Alder at Hong Kong Fintech Week.

Crypto / Digital Assets

HKEX Develops Blockchain Prototype for Northbound Trade Settlement

By Editors | 01/11/2018

HKEX will work with Digital Asset to introduce the first blockchain platform for financial services in Hong Kong, said Charles Li in a speech at Hong Kong Fintech Week.

Crypto / Digital Assets

Chinese Arbitration Court Protects Bitcoin as ‘Property’

By Manesh Samtani | 29/10/2018

“Bitcoin has the nature of a property, which can be owned and controlled by parties, and is able to provide economic values and benefits,” the Court ruled.

Crypto / Digital Assets

Sibos: New Digital Economy Places Customer Needs in Focus

By Matthew Chan | 25/10/2018

As Australia’s banking sector continues to deal with fallout from Royal Commission findings of misconduct, Sibos highlighted a newfound focus on customer needs, says Matthew Chan.

Crypto / Digital Assets

Japan Allows Self-Regulation Among Cryptocurrency Exchanges

By Garima Chitkara | 25/10/2018

The Japan Virtual Currency Exchange Association has been given a “certified fund settlement business association” accreditation, allowing it to make rules and police domestic exchanges.

AML / KYC

AUSTRAC Annual Report Highlights Increased Suspicious Matter Reporting

By Manesh Samtani | 25/10/2018

A 70% increase in suspicious matter reporting over the previous year was partly attributed to the strong message sent by AUSTRAC’s A$700mn enforcement action against CBA.

AML / KYC

Urgent Action Needed to Prevent Misuse of Virtual Assets – FATF

By Manesh Samtani | 23/10/2018

There is an urgent need for all jurisdictions to take coordinated action to prevent the use of virtual assets for crime and terrorism, the FATF said.