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Fintech / Regtech
Korea FSS Issued Stern Warning to Upbit Over Crypto Hack
By Manesh Samtani | 02/12/2025
The regulator signalled it would take strong measures in response to the $30 million theft at Upbit linked to North Korean actors.

Crypto / Digital Assets
Japan Post Bank to Pilot Tokenised Deposit Settlements for Real Estate
By Mark Johnston | 02/12/2025
The major lender will partner with DeCurret DCP and Shinoken Group to automate rent payments and property transactions using DCJPY ahead of a planned 2026 rollout.

Fintech / Regtech
Malaysian Telcos Activate MyDigital ID to Curb Mobile Fraud
By Nithya Subramanian | 02/12/2025
The rollout includes Single Sign-On (SSO) integration with the national digital identity platform, enhancing safeguards against account breaches and phishing attempts.

Capital / Liquidity
IADI Targets E-Money, Crisis Management in 2026 Priorities
By Manesh Samtani | 02/12/2025
A key focus is on digital finance, including research addressing the treatment of e-money and its implications for financial stability.

Securities / Derivatives
South Korean Lawmakers Advance Security Token Legislation
By Mark Johnston | 02/12/2025
The legislation will establish the legal basis for security token offerings (STOs), setting the stage for a competitive race among firms seeking to launch new trading platforms.

AML / KYC
RBI Harmonises KYC Rules for All Entities in Payments Industry
By Nithya Subramanian | 02/12/2025
The framework covers prepaid issuers, payment aggregators, AePS operators and remittance providers, standardising compliance requirements and removing ambiguity.

Fintech / Regtech
ASIC Updates Complaints Data Rules to Cover BNPL, Digital Assets
By Sanday Chongo Kabange | 02/12/2025
ASIC has updated its mandatory internal dispute resolution data reporting handbook, adding new categories for emerging financial products and enhancing data validation.

Fintech / Regtech
EU Agrees to Shift Fraud Liability to Payment Providers and Online Platforms
By Manesh Samtani | 02/12/2025
New framework introduces mandatory payee verification, enhances open banking access, and makes payment firms liable for impersonation scams.

Fintech / Regtech
OCBC to Enable WeChat Pay QR Payments in China in 2026
By Nithya Subramanian | 02/12/2025
The move results from an expanded partnership with UnionPay International, formalised on 28 November 2025 in Shanghai.

Securities / Derivatives
ASX Suffers Another Outage, Drawing Fresh Scrutiny from Regulators
By Sanday Chongo Kabange | 02/12/2025
A technical failure on the ASX's announcements platform on Monday halted trading in dozens of stocks.
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