FINTECH / REGTECH

Big Picture

Tokenisation Can Threaten Financial System Stability: Denis Beau

By Mark Johnston | 25/01/2023

Banque de France official says tokenisation increases operational risks, especially cyber risks, and needs to be regulated “as swiftly as possible”.

Fintech / Regtech

BIS Paper Offers Technical Model for Assessing DeFi Risks

By Editors | 24/01/2023

The paper highlights the intertwined nature of DeFi protocols, the dependencies they can have on stablecoins, and how such dependencies can present vulnerabilities.

Crypto / Digital Assets

NAB to Launch AUD Stablecoin Around Mid Year

By Manesh Samtani | 20/01/2023

NAB plans allow clients to use the stablecoin for repo transactions, cross-border remittances, and carbon credits trading.

Big Picture

Multilateral Platforms Will Benefit Cross-Border Payments

By Sanday Chongo Kabange | 20/01/2023

New paper from the BIS, IMF and World Bank assesses the benefits and challenges associated with using multilateral platforms for cross-border payments.

Fintech / Regtech

China Releases New Data Standards for Public Fund Disclosures

By Editors | 18/01/2023

Funds should use technology to standardise and digitise disclosures of information on publicly-offered securities investment funds.

Fintech / Regtech

Non-Resident Indians Allowed to Make UPI Transfers

By Editors | 17/01/2023

NPCI said NRIs in ten jurisdictions can use the UPI platform to digitally transfer funds, using their international mobile numbers.

Crypto / Digital Assets

Thai Stock Exchange Unveils Three Year Strategic Plan

By Sanday Chongo Kabange | 16/01/2023

The strategic plan focuses on creating more opportunities for businesses and investors and ensuring the SET can accommodate capital market growth.

Fintech / Regtech

Korea to Start Charging for Use of Open Banking Platform

By Editors | 16/01/2023

The FSS will develop billing standards and retroactively calculate fees MyData service providers will have to pay in 2024 for their usage in 2023.

Crypto / Digital Assets

UK to Launch Digital Currency Consultations in Coming Weeks

By Mark Johnston | 15/01/2023

One consultation will cover the attributes of a digital pound. The other will cover the UK’s approach to regulating crypto and DeFi.