FINTECH / REGTECH

Fintech / Regtech

Australian Regulators Call for Action to Regulate Crypto Sector

By Sanday Chongo Kabange | 18/03/2022

The RBA’s Philip Lowe, ASIC’s Joe Longo and APRA’s Wayne Byres are calling additional regulation to protect consumers from risks associated with the crypto sector.

Fintech / Regtech

BCBS Assesses Bank Use of AI & Machine Learning

By Editors | 18/03/2022

The BCBS is exploring banks’ use of AI/ML, specifically in the areas of explainability, governance, and resilience and financial stability.

Fintech / Regtech

SIX, LMAX Group to Launch 24/7 Traded Crypto Futures

By Editors | 17/03/2022

The launch will initially include centrally cleared USD settled Bitcoin and Ethereum futures, trading 23 hours, five days a week.

Fintech / Regtech

DTC, Hodlnaut Get In-Principle Approval for DPT Services in SG

By Editors | 17/03/2022

Digital Treasures Center enables merchants to accept crypto in payments. Hodlnaut offers cryptocurrency borrowing and lending services.

Crypto / Digital Assets

US Treasury Forms Educational Subgroup on Digital Assets

By Editors | 16/03/2022

The new subgroup will develop educational materials to help consumers make informed decisions about digital assets.

Enforcement

RBI Lifts Restrictions on Digital Product Launches at HDFC

By Editors | 16/03/2022

The restrictions were imposed in 2020 in response to multiple digital outages that impacted customers. HDFC is India’s largest private bank.

Fintech / Regtech

BSP to Initiate Pilot Project to Test CBDC Use Cases

By Sanday Chongo Kabange | 16/03/2022

The BSP is looking to explore the use of CBDC in account-based distribution of cash assistance, as well as in cross-border money transfers.

Fintech / Regtech

S. Korea Elects Pro-Crypto President, Yoon Suk-yeol

By Mark Johnston | 16/03/2022

President-elect Yoon Suk-yeol has promised to overhaul Korea’s regulatory framework for cryptocurrency, and to relax crypto taxation policies.

Fintech / Regtech

Dubai Establishes New Law, Regulator for Crypto Assets

By Mark Johnston | 16/03/2022

The new law comes as crypto firms in the UAE receive streams of requests from sanctioned Russians to liquidate billions of dollars of crypto assets.