Fintech / Regtech

Fintech / Regtech

NYSE Seeks Trademark Licences for Digital Marketplace

By Sanday Chongo Kabange | 18/02/2022

A filing with the US Patent and Trademark Office suggests the NYSE may be planning to launch an NFT marketplace as well as its own cryptocurrency.

Fintech / Regtech

Singapore Continues Work to Bolster Digital Banking Security

By Darien Choong | 18/02/2022

New measures include expanding the use of biometric technology, strengthening fraud surveillance and detection algorithms, and enabling customers to trigger account freezes.

AML / KYC

18 Crypto Exchanges Jointly Launch Travel Rule Solution

By Editors | 18/02/2022

The firms include BitGo, bitFlyer, Bittrex, BlockFi, Circle, Coinbase, Fidelity Digital Assets, Gemini, Kraken, and Robinhood, among others.

AML / KYC

Bangladesh Revises Rules on Mobile Financial Services

By Sanday Chongo Kabange | 17/02/2022

The revised regulations allow financial institutions other than banks, as well as government entities, to provide mobile financial services.

Fintech / Regtech

Indonesia Advances Local Currency Use in Cross-border Settlement

By Editors | 17/02/2022

Domestic banks will be able to access other Asian currencies via cross-currency repo and other collateralised transactions with Bank Indonesia.

Fintech / Regtech

NFTs Are Not Suitable for Retail Investors, MAS Chairman Warns

By Manesh Samtani | 17/02/2022

MAS chairman Tharman Shanmugaratnam said NFTs could be regulated only if they are used to represent capital markets products.

Fintech / Regtech

Applications Open for ‘Data Specialising Institutions’ Designation: FSS

By Sanday Chongo Kabange | 16/02/2022

Data specialising institutions are allowed to converge anonymised and pseudonymised data originating from different businesses for analytics purposes.

Crypto / Digital Assets

BOT Intervenes to Facilitate PayPal Transition to Local Service

By Darien Choong | 16/02/2022

PayPal has to relaunch services in Thailand to comply with new tax reporting rules and local AML regulations.

Fintech / Regtech

Crypto-related Financial Stability Risks are Increasing: FSB

By Manesh Samtani | 16/02/2022

Crypto-related financial stability risks could “rapidly escalate”, underscoring the need for “timely and pre-emptive” evaluation of possible policy responses.