Fintech / Regtech

Crypto / Digital Assets

HKMA to Start Retail CBDC Trials in Q4 This Year

By Manesh Samtani | 21/09/2022

The trials will involve banks, payment companies and other technology firms to study the use of the e-HKD in a limited setting.

Fintech / Regtech

BOT Details Plans to Upgrade Payment Systems

By Editors | 21/09/2022

The plans include the development of PromptBiz, a digital payment infrastructure system for the business sector.

Fintech / Regtech

MAS, IFSCA Sign FinTech Cooperation Agreement

By Editors | 20/09/2022

MAS and IFSCA will collaborate to support sandbox experimentation, enable companies to be referred to each other’s sandbox, and promote cross-border testing.

Fintech / Regtech

FSTB, SFC Declare Support for STO Business in Hong Kong

By Editors | 19/09/2022

The SFC’s Elizabeth Wong said firms that are interested in STOs are encouraged to discuss their proposals with the regulator’s Fintech unit.

Crypto / Digital Assets

BIS, HKMA to Explore Use of DeFi Tools for SME Finance

By Editors | 18/09/2022

Project Dynamo will study whether and how DeFi tools such as blockchain and smart contracts can improve access to finance for SMEs.

AML / KYC

US Unveils Comprehensive Plans for Regulating Digital Assets

By Manesh Samtani | 18/09/2022

Reports released by the White House, Treasury, Commerce and DOJ will help ensure a coordinated and comprehensive approach to digital assets policy.

Fintech / Regtech

StanChart’s Singapore Digital Bank Reaches Key Milestone

By Editors | 16/09/2022

Trust Bank has been offering new accountholders a chance to win one of three Tesla cars, where referrals increase the chances of winning.

Crypto / Digital Assets

MAS Launches New Transformation Map for Financial Industry

By Editors | 16/09/2022

MAS will promote the FX trading ecosystem, enhance fund structures, support fintechs, improve its bond infrastructure, and scale up sustainable and transition financing.

Crypto / Digital Assets

Asset Tokenisation Increasingly Relevant in ‘Crypto Winter’ – Report

By Manesh Samtani | 14/09/2022

A new report from BCG and ADDX projects a 50-fold increase in tokenised assets by 2030, bringing the market’s value to over $16 trillion.