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Crypto / Digital Assets
FSC Korea Seeks to Criminalise Crypto Market Manipulation
By Editors | 26/11/2021
Those who obtain unfair profits from crypto trading would face at least one year in prison and at least three times the amount gained in fines.
Fintech / Regtech
Singapore Strengthens Financial Connectivity with Chongqing
By Mark Johnston | 25/11/2021
Ten MOUs were signed between Singapore and Chongqing banks and industry bodies at the 4th China-Singapore (Chongqing) Connectivity Financial Summit.
Fintech / Regtech
Japanese Banks, Companies to Test Run Digital Currency
By Manesh Samtani | 24/11/2021
A group of over 70 companies, banks, and organisations plans to bring a digital currency known as DCJPY into circulation in the second half of 2022.
Fintech / Regtech
Philippine SEC Issues Draft Rules for Online Lenders, Fintechs
By Mark Johnston | 24/11/2021
The SEC is seeking a greater degree of regulatory oversight for fintech firms and digital lenders to address “abusive and predatory practices”.
Fintech / Regtech
India: GIFT City Regulator Wins Approval to Set Up Suptech Fund
By Editors | 24/11/2021
The IFSCA also received approval for a new headquarters building. GIFT City’s new gold bullion exchange is expected to launch in January.
Fintech / Regtech
Cryptocurrencies No Longer On The Fringes, says ASIC Chair
By Mark Johnston | 24/11/2021
ASIC chair Joe Longo sees crypto as no longer on the fringes of the financial services industry, but cautions investors against involvement.
Fintech / Regtech
Blockchain Projects Featured in Beijing Innovation Trials
By Darien Choong | 24/11/2021
Four of the selected projects, out of 51 submitted, are based on blockchain. One selected project seeks to use the digital yuan in securities trading.
Fintech / Regtech
WEF Releases White Paper Series on Digital Currency Governance
By Mark Johnston | 24/11/2021
The private sector can make critical contributions to CBDC design and development, says StanChart’s John Ho, who co-authored the papers.
Fintech / Regtech
FSC Expands Access to Public Financial Data via Open APIs
By Sanday Chongo Kabange | 23/11/2021
The newly added data types include information about stocks, bonds, funds, insurance products and microloan products.
Fintech / Regtech
RBI Panel Suggests Increasing Regulation for Digital Lenders
By Sanday Chongo Kabange | 22/11/2021
The panel suggests the establishment of a self-regulatory organisation which would be charged with formulating a code of conduct for digital lenders.
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