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Crypto / Digital Assets
Former CFTC Chair Calls for Dedicated US Crypto Regulator
By Sanday Chongo Kabange | 09/01/2022
Such a bureau would have its own authorisation and financing, and adopt the mandates of both the CFTC and SEC, said J. Christopher Giancarlo.
Fintech / Regtech
Korean Presidential Hopeful to Use NFTs for Campaign Fundraising
By Sanday Chongo Kabange | 07/01/2022
The Democratic Party of Korea’s Lee Jae-myung is set to become the world’s first presidential candidate to raise campaign funds using NFTs.
Fintech / Regtech
PBOC Outlines 2022-2025 Fintech Development Plan
By Editors | 07/01/2022
The plan includes measures to strengthen fintech governance, enhance data capabilities, and establish a new ‘green’ data centre.
Fintech / Regtech
BNM Proposes New Licensing Framework For Digital Insurers
By Sanday Chongo Kabange | 05/01/2022
Digital insurers and takaful operators should have a minimum paid-up capital of MYR 40 million during the foundational phase.
Fintech / Regtech
China Releases CBDC Wallet on Mobile App Stores
By Editors | 05/01/2022
The app is available in 12 cities and regions as well as the host cities for the Winter Olympics. Until now the app has only been available for download via private links.
Fintech / Regtech
South Korean Financial Institutions Launch ‘MyData’ Services
By Sanday Chongo Kabange | 05/01/2022
On Wednesday, 33 firms started offering MyData services, enabling consumers to centralise management of their data from different institutions.
Fintech / Regtech
IndusInd Bank, NPCI Partner on UPI-based Cross Border Payments
By Editors | 03/01/2022
Initially, real-time remittances from Thailand to India will be enabled via DeeMoney, a Thailand-based money transfer operator and partner of IndusInd Bank.
Fintech / Regtech
Tokyo Bourse Tests Earnings Report Disclosure in HTML Format
By Editors | 03/01/2022
HTML will make text conversion, mechanical processing, and Japanese-to-English translation of the disclosed information easier compared to PDF, the TSE said.
ESG / Sustainability
Malaysia, Thailand Launch Phase 2 of QR Payments Linkage
By Editors | 02/01/2022
Cross-border instant QR payments are now available for travellers between Malaysia and Thailand, including for online e-commerce transactions.
AML / KYC
Taiwan FSC Issues New Data Sharing Guidelines for FIs
By Editors | 02/01/2022
Data may be shared between FIs, subject to consent, if it can enhance customer convenience, improve operations, or facilitate cooperative business arrangements or partnerships.
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