FINTECH / REGTECH

Fintech / Regtech

China to Digitise Bank Confirmation Services in New Pilot

By Darien Choong | 11/02/2022

The participants of the pilot programme include 32 listed companies, 7 accounting firms, 7 banks, and 1 third-party digital platform provider.

AML / KYC

Wash Trading Undermines Trust in NFT Markets: Report

By Manesh Samtani | 10/02/2022

Wash trading profits are likely derived from sales to “unsuspecting buyers”, who believe the NFTs they purchase have been growing in value.

Fintech / Regtech

SETL, Digital Asset to Create Regulated Network for Tokens

By Editors | 10/02/2022

The network will enable central banks and regulated institutions to create tokens for customers, where each token will represent a regulated liability.

Fintech / Regtech

RBNZ to Commence Design Work on CBDC Proof of Concept

By Mark Johnston | 10/02/2022

Governor Adrian Orr said falling behind other central banks is “not an option” and the RBNZ will soon begin POC design and testing for a CBDC.

Fintech / Regtech

Boston Fed, MIT Research Shows Potential For CBDC

By Sanday Chongo Kabange | 10/02/2022

Project Hamilton produced a code base capable of handling 1.7 million transactions per second, 99% of which reached settlement finality in under one second.

AML / KYC

Thai SEC Calls on Crypto Businesses to Improve Cybersecurity

By Editors | 09/02/2022

The SEC reminds crypto businesses to bolsters their cybersecurity systems, safeguard customer assets, and comply with IT audit and penetration testing requirements.

Crypto / Digital Assets

Mitsui to Launch Japan’s First Gold-Pegged Cryptocurrency

By Mark Johnston | 08/02/2022

ZipangCoin will be made available to retail investors this month through Digital Asset Markets Inc, which is partly owned by Mitsui & Co.

Fintech / Regtech

China Showcases CBDC at Beijing Winter Olympics

By Sanday Chongo Kabange | 08/02/2022

Observers say China’s “zero Covid policy” has limited its ability to showcase the e-CNY to a wider population.

AML / KYC

GLEIF Publishes Governance Details for Digitally Verifiable LEI

By Manesh Samtani | 08/02/2022

The vLEI Ecosystem Governance Framework is part of an initiative to ensure that every legal entity has a digital identity that can be trusted and easily verified.