Fintech / Regtech

Crypto / Digital Assets

Australia: Senator Calls on Govt to Accelerate Work on Crypto Regulation

By Darien Choong | 15/03/2022

Senator Andrew Bragg said the government should hire experts to permanently work on crypto regulation within a dedicated unit of Treasury.

Fintech / Regtech

BSP Revises Regulatory Framework for E-money Issuers

By Mark Johnston | 15/03/2022

E-money can refer to monetary value “electronically stored in an instrument or device” – including cash cards, prepaid cards, stored value cards or digital wallets.

Fintech / Regtech

Thailand to Offer Tax Exemptions on Crypto Trades

By Editors | 14/03/2022

Traders will be allowed to offset annual losses against crypto gains for taxes purposes. Crypto trades will also be exempt from a 7 percent VAT.

Fintech / Regtech

Japan Crypto Industry Set to Adopt Travel Rule

By Editors | 13/03/2022

The travel rule will increase transparency on the individuals and entities crypto exchanges deal with, as the government seeks to prevent sanctions evasion.

Fintech / Regtech

Paxos, Sygnum to Offer Digital Asset Services in Singapore

By Editors | 11/03/2022

Paxos will gain a DPT licence under the Payment Services Act. Sygnum will provide fund unit tokenisation and securitise NFTs and metaverse assets.

AML / KYC

US President Calls for Comprehensive Approach to Digital Assets

By Editors | 10/03/2022

The US Treasury and other agencies are directed to submit a series of reports within six months recommending a policy approach for digital assets.

Market Infrastructure

CSA Singapore to Update Cybersecurity Act, Code of Practice

By Sanday Chongo Kabange | 09/03/2022

The updates will seek to address ransomware, cloud and 5G technology risks faced by critical information infrastructure sectors including banking & finance.

Fintech / Regtech

Greening Asia Through Data and Regulation

By Steven Yankelson | 09/03/2022

Effective and efficient ESG risk management and reporting practices can be enabled through better data and technology, says Steven Yankelson.

Fintech / Regtech

ASIC Reverses Plans to Extend ePayment Protections to Small Business

By Editors | 08/03/2022

ASIC will publish an updated ePayments Code in April, enhancing some consumer protections and extending those protections to payments made using the NPP.