ADVERTISEMENT
AML / KYC
Taiwan Central Bank Warns of Fraud Via Bitcoin ATMs
By Darien Choong | 31/03/2022
Bitcoin ATMs in Taiwan are being used to scam victims who attempt to transfer cash to specific accounts to purchase cryptoassets.
Fintech / Regtech
Vietnam to Develop Legal Framework for Virtual Assets
By Editors | 31/03/2022
Vietnam’s prime minister has asked government ministries and the central bank to develop a legal and regulatory framework for virtual assets and electronic money.
Fintech / Regtech
BSP Requires Banks to Implement Real Time Fraud Monitoring
By Sanday Chongo Kabange | 31/03/2022
Under new relations, Philippine banks and NBFIs are required to implement automated and real-time fraud monitoring and detection systems by end-December.
Fintech / Regtech
RBI to Require Geo-Tagging of Payment System Touch Points
By Editors | 31/03/2022
Banks and payment system operators will have to capture, maintain and report the geographical coordinates of all payment touch points deployed by merchants.
Fintech / Regtech
Next Bank Launches as Taiwan’s Third Digital-only Bank
By Darien Choong | 30/03/2022
Next Bank shareholders include Chunghwa Telecom, PX Mart, Mega International Commercial Bank, KGI Bank, the Shin Kong Group, and Trade-van.com.
Fintech / Regtech
Huobi Seeks to Launch Retail Crypto ETF in HK
By Manesh Samtani | 30/03/2022
Huobi Tech has structured the ETF so that it won’t be restricted to just professional investors, possibly through the use of crypto futures listed on overseas exchanges.
Crypto / Digital Assets
BOT Offers Update on Transition to Sustainable Digital Economy
By Editors | 29/03/2022
The BOT will publish a virtual bank licensing framework by Q2 2022, and directions on its open banking policy in Q3 2022.
AML / KYC
GLEIF to Include Organisational Role Information in vLEI
By Editors | 29/03/2022
GLEIF says the new ISO 5009 standard facilitates a universal approach for including official organisational role information in digital ID credentials.
Fintech / Regtech
Australia Consults on Regulatory Framework for Financial Advice
By Sanday Chongo Kabange | 29/03/2022
The consultation asks how fintech could help reduce financial advice costs and how to make advice more accessible, including through robo-advisers.
Fintech / Regtech
Alibaba, Tencent Tighten Platform Rules Governing NFTs – Report
By Darien Choong | 29/03/2022
NFTs in China are sold in yuan rather than crypto, do not use public decentralised blockchains, and cannot be resold after purchase.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team