Fintech / Regtech

Crypto / Digital Assets

Tokyo Police Arrest Eight in Connection with Cryptocurrency Pyramid Scheme

By Editors | 19/11/2018

The suspects allegedly solicited investments in what they claimed was a US investment firm, collecting over $72mn in cash and cryptocurrencies from about 6,000 people.

Fintech / Regtech

India’s Modi Launches Online Marketplace for Fintech Services

By Editors | 16/11/2018

India’s Prime Minister Narendra Modi on 14 November at Singapore Fintech Festival announced the launch of APIX, an online marketplace and sandbox for cross-border fintech services.

Fintech / Regtech

MAS to ‘Fast-Track’ Sandbox Applicants for Some Regulated Activities

By Editors | 15/11/2018

The regulator wants to streamline the application and approval process for regulated activities where risks are generally low or well understood and could be reasonably contained.

Enforcement

SEBI Looks to Enhanced Analytics to Boost Surveillance Capabilities

By Editors | 13/11/2018

The regulator is looking to set up private cloud infrastructure to enhance its analytical capabilities for better surveillance and investigations.

Fintech / Regtech

New STO Platform Gets Backing from SGX, Temasek

By Editors | 13/11/2018

SGX and a Temasek unit have invested in a new platform that is seeking MAS licensing to enable fundraising in Singapore through security token offerings.

Fintech / Regtech

MAS Issues Guidance on Responsible Use of AI, Data Analytics

By Manesh Samtani | 13/11/2018

MAS managing director Ravi Menon announced the release of the Fairness, Ethics, Accountability & Transparency, or FEAT, Principles at the Singapore Fintech Festival.

Fintech / Regtech

MAS, SGX Develop DvP Prototypes for Settlement of Tokenised Assets

By Editors | 12/11/2018

MAS and SGX have developed delivery versus payment capabilities for the settlement of tokenised assets across different blockchain platforms, which they say can help simplify post-trade processes and further shorten settlement cycles in capital markets.

Crypto / Digital Assets

Thailand to Combat Tax Evasion with Blockchain, Machine Learning

By Editors | 07/11/2018

Thailand will use blockchain and machine learning to crack down on tax evasion, according to director-general of the tax department, Ekniti Nitithanprapas.

Crypto / Digital Assets

Crypto Players Welcome Hong Kong Regulation

By Garima Chitkara | 06/11/2018

New regulation could lead to industry consolidation and greater institutional money, said panellists at ASIFMA’s annual conference in Singapore.