Fintech / Regtech

Crypto / Digital Assets

Stock Exchange of Thailand Seeks Digital Asset Licence

By Editors | 18/01/2019

The SET plans to apply for a licence to operate a new digital asset exchange, to be set up in collaboration with its members.

AML / KYC

Malaysia Restricts Crypto Activity Until New Guidelines in Place

By Manesh Samtani | 17/01/2019

Crypto exchange operators are prohibited from accepting new clients and ongoing ICO projects must return all client funds, until the securities regulator is ready to formally authorise their activities.

Fintech / Regtech

Nine Associations Join Forces to Launch ‘Asia-Pacific FinTech Network’

By Editors | 17/01/2019

Launched at the Asian Financial Forum in Hong Kong, the new network aims to boost regional collaboration and cross-border innovation.

Fintech / Regtech

S. Korea FSC Announces Fintech Policy Direction for 2019

By Editors | 17/01/2019

More than 200 regulations under review to reduce barriers to fintech investment; Regulatory sandbox set for April launch.

Fintech / Regtech

Hong Kong Gets First API Exchange Platform in Open Banking Push

By Manesh Samtani | 17/01/2019

JETCO launches the city’s first Open API exchange; New Accenture survey indicates willingness of Hong Kong consumers to share personal financial information with third parties.

AML / KYC

China’s NIFA Launches AML/CTF Monitoring Platform for Online FIs

By Editors | 16/01/2019

Online financial institutions including those engaged in online lending, equity crowdfunding, fund sales and consumer finance are required to register on the platform by 31 January.

Fintech / Regtech

HSBC to Enable Blockchain-based FX Settlement Platform for Clients

By Editors | 15/01/2019

In the last year, HSBC has processed more than 3 million internal FX transactions worth over $250bn using the blockchain-based FX settlement platform.

Fintech / Regtech

China’s Rules for Blockchain to Take Effect in February

By Manesh Samtani | 15/01/2019

Companies will be required to verify user data based on national IDs and phone numbers, effectively removing the anonymity of blockchainin the country.

Crypto / Digital Assets

Two Thirds of Korean Crypto Exchanges Vulnerable to Hacking

By Manesh Samtani | 14/01/2019

Only 7 of 21 crypto exchanges in South Korea passed the government’s security audit; the rest are “vulnerable to hacking attacks at all times.”