Crypto / Digital Assets

Enforcement

Taiwan FSC Fines Six Virtual Asset Firms for AML Breaches

By Manesh Samtani | 18/11/2025

Regulatory inspections of virtual asset providers uncovered widespread failings in customer due diligence, transaction monitoring, and data security.

Crypto / Digital Assets

Alibaba Explores Bank-Backed Deposit Token to Streamline Cross-border Payments

By Mark Johnston | 18/11/2025

The tech giant seeks a compliant path for cross-border payments as Chinese regulators increase pressure on private digital money.

Crypto / Digital Assets

ICMA Releases DLT Settlement and Custody Guidance under Project Guardian

By Nithya Subramanian | 18/11/2025

The two reports published as an addendum to the Guardian Fixed Income Framework outline DvP settlement approaches and custody insights for tokenised debt markets.

AML / KYC

Hong Kong SFC Mandates Stricter AML Controls to Combat 'Layering'

By Sanday Chongo Kabange | 18/11/2025

The SFC expects firms to implement bank account registration, withdrawal holding periods, and enhanced monitoring to counter a new money laundering trend.

AML / KYC

Taiwan Cabinet Approves Draft Law to Mandate FI, VASP Anti-Fraud Cooperation

By Mark Johnston | 18/11/2025

Amendments establish four mechanisms, including cross-industry data sharing and tech platforms, to combat financial crime.

Sanctions

Binance, OKX Processed Illicit Crypto Despite US Oversight: ICIJ

By Editors | 18/11/2025

An investigation found the exchanges handled hundreds of millions in tainted funds after pleading guilty to AML violations.

Fintech / Regtech

JPMorgan Launches USD Deposit Token for Institutional Clients on Public Blockchain

By Editors | 17/11/2025

The bank's JPM Coin, representing USD deposits, is now live on Coinbase's Base blockchain for 24/7 settlement.

Crypto / Digital Assets

Japan to Reclassify 105 Cryptoassets as Financial Products

By Sanday Chongo Kabange | 17/11/2025

The move would bring tokens like Bitcoin under the Financial Instruments and Exchange Act, introducing new disclosure rules and a potential tax cut.

Crypto / Digital Assets

JPX Mulls New Rules to Guard Against Crypto-Hoarding Firms

By Mark Johnston | 17/11/2025

The bourse operator is weighing new measures to protect investors after steep losses in listed “digital-asset treasury” firms.