CRYPTO / DIGITAL ASSETS

AML / KYC

New Report Details Crypto's Role in Chinese Underground Banking

By Editors | 13/08/2025

A new report details how Chinese underground networks use cryptocurrency to launder funds for North Korean hackers, cartels, and Triads.

Fintech / Regtech

BNM Paper Proposes Hybrid Shariah Framework for Modern Money

By Manesh Samtani | 13/08/2025

The exploratory academic paper on the nature of money was widely misinterpreted by crypto-focused news outlets as a central bank endorsement of specific private digital assets.

Trending

South Korea's Do Kwon Pleads Guilty to US Fraud Charges

By Manesh Samtani | 13/08/2025

The plea from the South Korean national follows the USD 40 billion collapse of his Singapore-based firm’s algorithmic stablecoin in 2022.

Securities / Derivatives

Financial Giants Execute First Fully On-Chain US Treasury Repo Trade

By Manesh Samtani | 13/08/2025

The transaction used tokenised US Treasuries and USDC for atomic settlement, demonstrating the potential for 24/7 capital markets.

Crypto / Digital Assets

Pakistan Taps Japan's Soramitsu for Digital Currency Pilot

By Editors | 13/08/2025

The central bank aims to boost financial inclusion and modernise payments with a pilot programme for a central bank digital currency.

Capital / Liquidity

Korea's KCMI Calls for Bond Reforms to Support Stablecoin Market

By Manesh Samtani | 12/08/2025

KCMI report says a lack of short-term government bonds and restrictive laws are hindering plans for a local stablecoin.

Fintech / Regtech

Chinese Regulators Direct FIs to Stop Promoting Stablecoins - Reports

By Editors | 11/08/2025

Regulators informally instruct brokers to cease research and seminars, citing concerns over fraud and market hype.

Enforcement

KoFIU Issues Warning Against Two Unregistered Crypto Firms

By Mark Johnston | 11/08/2025

KoFIU has referred KCEX and QXALX to law enforcement and warned registered firms to cease all transactions with them.

Fintech / Regtech

StanChart, Animoca Brands and HKT Form HK Stablecoin Joint Venture

By Editors | 11/08/2025

The joint venture, Anchorpoint Financial, plans to issue a Hong Kong dollar-pegged stablecoin under the city's new regulatory regime.