FINTECH / REGTECH

Crypto / Digital Assets

India No Longer Likely to Ban Cryptocurrencies – Report

By Ranamita Chakraborty | 29/10/2021

Finance ministry officials have reportedly said that a law for cryptocurrencies could as soon as February 2022, around the time of India’s next general Budget.

Fintech / Regtech

US Agencies Probe Chinese Payment Terminal Maker PAX

By Manesh Samtani | 28/10/2021

PAX Global Technology is reportedly under investigation over allegations from a US payment processor that its terminals are being used to stage cyberattacks.

Fintech / Regtech

PBOC Issues Guidance on Using Open Source Technology

By Editors | 28/10/2021

FIs are encouraged to actively participate in the development of “international and domestic” open source technology communities.

AML / KYC

FATF Issues New Report on Digitalisation of FIUs

By Editors | 28/10/2021

The report outlines how FIUs can benefit from the adoption of digital tools, including through improved data utility, analytical capacities, and STR management.

Fintech / Regtech

S&P-IHS Deal Wins Regulatory Approval in Europe

By Ranamita Chakraborty | 28/10/2021

The European Commission accepted commitments by S&P Global and IHS Markit to divest businesses that raised competition concerns.

Fintech / Regtech

Singapore Sees Launch of DLT-based Payment Platform, Partior

By Editors | 27/10/2021

With its genesis in MAS’ Project Ubin, Partior was founded by DBS, JPMorgan and Temasek last year seeking to disrupt the traditional cross-border payments model.

Fintech / Regtech

Nigeria Launches Central Bank Digital Currency, eNaira

By Editors | 27/10/2021

The eNaira is expected to boost cross-border trade and financial inclusion, improve transaction efficiency, and make monetary policy more effective.

Fintech / Regtech

HKMA to Bolster Regtech Talent Through New Skills Framework

By Manesh Samtani | 25/10/2021

The HKMA will launch a new ECF on Fintech by year-end. It will incorporate a set of competency standards and training curriculum that apply to regtech practitioners.

ESG / Sustainability

BIS Innovation Hub Announces Winners of 2nd G20 TechSprint

By Editors | 25/10/2021

The BIS Innovation Hub Hong Kong centre will soon publish reports on work to explore green bond tokenisation and real-time tracking of environmental outputs.