Fintech / Regtech

    Fintech / Regtech

    Ripple Calls on Korea to Further Develop Digital Assets Framework

    By Editors | 19/03/2022

    New policy paper calls for the implementation of a “risk-sensitive” digital asset regulatory framework to provide certainty and encourage innovation in the sector.

    Fintech / Regtech

    Australian Regulators Call for Action to Regulate Crypto Sector

    By Sanday Chongo Kabange | 18/03/2022

    The RBA’s Philip Lowe, ASIC’s Joe Longo and APRA’s Wayne Byres are calling additional regulation to protect consumers from risks associated with the crypto sector.

    Fintech / Regtech

    BCBS Assesses Bank Use of AI & Machine Learning

    By Editors | 18/03/2022

    The BCBS is exploring banks’ use of AI/ML, specifically in the areas of explainability, governance, and resilience and financial stability.

    Fintech / Regtech

    SIX, LMAX Group to Launch 24/7 Traded Crypto Futures

    By Editors | 17/03/2022

    The launch will initially include centrally cleared USD settled Bitcoin and Ethereum futures, trading 23 hours, five days a week.

    Fintech / Regtech

    DTC, Hodlnaut Get In-Principle Approval for DPT Services in SG

    By Editors | 17/03/2022

    Digital Treasures Center enables merchants to accept crypto in payments. Hodlnaut offers cryptocurrency borrowing and lending services.

    Crypto / Digital Assets

    US Treasury Forms Educational Subgroup on Digital Assets

    By Editors | 16/03/2022

    The new subgroup will develop educational materials to help consumers make informed decisions about digital assets.

    Enforcement

    RBI Lifts Restrictions on Digital Product Launches at HDFC

    By Editors | 16/03/2022

    The restrictions were imposed in 2020 in response to multiple digital outages that impacted customers. HDFC is India’s largest private bank.

    Fintech / Regtech

    BSP to Initiate Pilot Project to Test CBDC Use Cases

    By Sanday Chongo Kabange | 16/03/2022

    The BSP is looking to explore the use of CBDC in account-based distribution of cash assistance, as well as in cross-border money transfers.

    Fintech / Regtech

    S. Korea Elects Pro-Crypto President, Yoon Suk-yeol

    By Mark Johnston | 16/03/2022

    President-elect Yoon Suk-yeol has promised to overhaul Korea’s regulatory framework for cryptocurrency, and to relax crypto taxation policies.

    Fintech / Regtech

    Dubai Establishes New Law, Regulator for Crypto Assets

    By Mark Johnston | 16/03/2022

    The new law comes as crypto firms in the UAE receive streams of requests from sanctioned Russians to liquidate billions of dollars of crypto assets.

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