FINTECH / REGTECH

Fintech / Regtech

HKMA Publishes Research on DLT Adoption in Financial Sector

By Sanday Chongo Kabange | 20/03/2025

The HKMA encourages AIs to review the research paper and leverage its insights to explore DLT-related innovations.

Fintech / Regtech

RBI Governor Raises Concerns Over Rising Consumer Complaints

By Nithya Subramanian | 20/03/2025

RBI Governor Sanjay Malhotra called on banks to strengthen their grievance redressal mechanisms, enhance digital fraud prevention and improve customer service standards.

Crypto / Digital Assets

Bank of Korea Will Conduct CBDC Pilot from April to June

By Thisanka Siripala | 20/03/2025

The pilot will be conducted in collaboration with seven banks, allowing them to issue deposit tokens that can be used for transactions at designated merchants.

Fintech / Regtech

PBOC Embracing AI to Create “Digital Central Bank”

By Mark Johnston | 19/03/2025

Besides leveraging AI in the performance of its own duties, the PBOC will also promote the use of the technology by financial institutions.

Enforcement

Taiwan Fines Singapore Fintech Firm Over China Links

By Nithya Subramanian | 19/03/2025

AnyTech violated Taiwan’s investment norms due to links to a Beijing-based investor. Cathay United Bank terminated its contract with the Singapore company.

Enforcement

Korea FSS Starts On-site Inspections of Online Loan Brokers

By Thisanka Siripala | 19/03/2025

The focus is on whether the platforms prioritise financial products that benefit consumer needs, such as by listing loans with lower interest rates first.

Crypto / Digital Assets

What’s Next for OSL? Gary Tiu Discusses Project Ensemble and the Future of Finance

By Nithya Subramanian | 19/03/2025

Gary Tiu, Head of Regulatory Affairs at OSL, discusses the firm’s role in Project Ensemble, its challenges, and the future of tokenised real-world assets.

Fintech / Regtech

Korea FSS Announces Plans to Transform Supervisory Processes

By Thisanka Siripala | 19/03/2025

The digital transformation plan includes AI-based risk monitoring, a paperless regulatory framework, and a cloud-based collaboration system.

Crypto / Digital Assets

Nomura Issues Japan’s First Digital Bonds Using DVP Settlement

By Thisanka Siripala | 19/03/2025

Nomura also revealed that DCJPY was used in place of fiat currency in a PoC to test digital currency settlement for digital bonds.