CRYPTO / DIGITAL ASSETS

Enforcement

Taiwan FSC Fines Three Crypto Firms for AML Breaches

By Nithya Subramanian | 22/07/2025

The firms were penalised for inadequate CDD, failure to file STRs, and improper handling of high-risk clients, raising red flags over AML controls in the tech sector.

Fintech / Regtech

US Signs GENIUS Act Into Law, Setting Rules for Stablecoin Issuers

By Manesh Samtani | 21/07/2025

The GENIUS Act creates a potential pathway for issuers from other jurisdictions to access the US market if their local regulations are deemed equivalent.

Enforcement

China Issues Judicial Directive to Bolster Defences Against Foreign Sanctions

By Mark Johnston | 21/07/2025

Top judicial bodies are directed to enhance their understanding of international law as part of a broader strategy to guard against foreign sanctions and long-arm jurisdiction.

Securities / Derivatives

Koscom to Test Stablecoin Settlement for Security Tokens

By Editors | 19/07/2025

The KRX subsidiary will run a proof-of-concept to prepare capital market infrastructure for digital currency-based atomic settlement.

Fintech / Regtech

Australia Sees Launch of First Bitcoin-Backed Mortgage Product

By Editors | 18/07/2025

Fintech firm Block Earner has launched the product after a federal court found its crypto loans did not require a financial services licence, a decision now being appealed by ASIC.

Securities / Derivatives

ChinaAMC Launches World's First Tokenised Renminbi Fund in Hong Kong

By Editors | 18/07/2025

ChinaAMC has rolled out RMB and USD tokenised money funds, positioning them as yield-generating tools for anticipated stablecoins under new city rules.

Enforcement

Korean Lawmaker Says Upbit Faces Potential Multi-Trillion Won Fine

By Editors | 18/07/2025

A senior lawmaker has urged the regulator to impose a fine on the country's top crypto exchange for millions of alleged KYC violations.

Securities / Derivatives

ASX Proposes New Clearing Liquidity Rules After Settlement Disruption

By Editors | 17/07/2025

ASX has proposed new contingency planning rules following a 2024 settlement delay and expanded exemptions for G-10 banks.

Crypto / Digital Assets

Hong Kong SFC Eases Rules for Visiting Financial Professionals

By Sanday Chongo Kabange | 16/07/2025

The SFC has extended the permissible activity period for licensed itinerant professionals from 30 to 45 days each calendar year to attract overseas talent.