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Fintech / Regtech
Ripple Calls on Korea to Further Develop Digital Assets Framework
By Editors | 19/03/2022
New policy paper calls for the implementation of a “risk-sensitive” digital asset regulatory framework to provide certainty and encourage innovation in the sector.
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.
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