Fintech / Regtech

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    Crypto / Digital Assets

    UAE Completes First Cross-border Payment Using CBDC

    By Editors | 31/01/2024

    The transaction was sent to China through the “mBridge” platform, developed by the BIS Innovation Hub, HKMA, CBUAE, BOT, and PBOC.

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    Big Picture

    BIS Research Reveals Role of Public Perception in Stablecoin Values

    By Ranamita Chakraborty | 31/01/2024

    New paper examines how public information shapes coordination risk among stablecoin holders in relation to their beliefs about peg stability.

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    Fintech / Regtech

    HKMA, BOT to Enhance Cross-border Collaboration

    By Sanday Chongo Kabange | 31/01/2024

    HKMA and BOT will explore the use of local currencies in cross-border trade and collaboration in financial digitalisation, fintech, and sustainable finance.

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    AML / KYC

    Taiwan Launches Campaign to Drive Anti Fraud Innovation

    By Sanday Chongo Kabange | 31/01/2024

    The campaign will use seminars, co-creation workshops, and pilot testing to promote innovative approaches to combatting fraud.

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    Fintech / Regtech

    CFTC Consults on AI Uses and Risks in Derivatives Markets

    By Editors | 30/01/2024

    Responses will inform analysis on whether the CFTC should issue guidance or regulations on the use of AI in derivatives markets.

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    Fintech / Regtech

    BOT, SET Push New Digital Payments Infrastructure on Businesses

    By Sanday Chongo Kabange | 30/01/2024

    The BOT and SET are promoting the use of a new payment infrastructure called “PromptBiz” to facilitate the digitalisation of the business sector.

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    Big Picture

    Central Banks at Vanguard of AI Innovation: BIS Paper

    By Ranamita Chakraborty | 30/01/2024

    New BIS paper calls for central banks, who have been early adopters of machine learning, to improve infrastructure and expertise.

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    Fintech / Regtech

    BNM, CyberSecurity Malaysia to Tackle Cyber Risks in Financial System

    By Ranamita Chakraborty | 29/01/2024

    BNM partners CyberSecurity Malaysia for seamless information sharing, best practices exchange, and technical support to address emerging cyber risks.

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    AML / KYC

    Samlit Moneychanger Sued After China Police Freezes Funds: Report

    By Nithya Subramanian | 29/01/2024

    While three Chinese nationals working in Singapore alleged breach of agreements and sought compensation. Samlit said it fulfilled all its obligations.

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    Fintech / Regtech

    Taiwan Won’t Reopen Applications for Online-only Insurers

    By Editors | 27/01/2024

    Applications submitted in 2022 were not approved. Following a “comprehensive assessment”, the FSC said it will not reopen applications.

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