Fintech / Regtech

Crypto / Digital Assets

Hong Kong Issues Second Policy Statement on Digital Assets

By Sanday Chongo Kabange | 27/06/2025

The new policy statement introduces the “LEAP” framework, building on the first policy statement issued in October 2022.

Crypto / Digital Assets

Stablecoins Fall Short of Sound Money Principles: BIS

By Nithya Subramanian | 27/06/2025

However, a “tokenised unified ledger” can enhance efficiency and unlock new possibilities in cross-border payments, securities markets and beyond.

Fintech / Regtech

MAS, ABS Launch Entity to Govern Singapore’s Payment Schemes

By Nithya Subramanian | 26/06/2025

The new not-for-profit entity, formed by MAS and several D-SIBs, will transition to full operational readiness by end-2026.

Crypto / Digital Assets

The Nobitex Hack: A New Frontier in Geopolitical Crypto Warfare

By Nathan Lynch | 26/06/2025

The attack on Iran’s Nobitex exchange signals a new era of politically motivated crypto hacks, posing unique challenges for risk and compliance teams.

Crypto / Digital Assets

Japan FSA Reviews Regulatory Framework for Crypto Assets

By Manesh Samtani | 25/06/2025

Japan’s FSA proposes to reclassify crypto as financial products, potentially paving the way for Bitcoin ETFs and a flat 20% capital gains tax.

Crypto / Digital Assets

Korean Banks Seeking Reforms to Enter Digital Assets Business

By Thisanka Siripala | 25/06/2025

The KFB has recommended that credible banks be allowed to issue stablecoins and provide digital asset custody services.

Enforcement

Thailand Cracks Down on Cross-border Scams Linked to Cambodia

By Nithya Subramanian | 25/06/2025

The government is seeking to position Thailand as a regional hub for joint operations to combat scam networks.

Fintech / Regtech

RBI’s Anti-Fraud Data Platform Could be Live Within “Months”

By Nithya Subramanian | 25/06/2025

RBIH is developing the prototype of the Digital Public Infrastructure for Prevention of Fraud in consultation with banks.

Fintech / Regtech

India’s NPCI to Launch Clearing System Upgrade in July, Dubbed “NACH 3.0”

By Nithya Subramanian | 25/06/2025

The upgraded platform provides enhanced security and a revamped user interface to improve reliability and customer experience.