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Crypto / Digital Assets
Hong Kong Stablecoin Licensing Regime Officially Takes Effect
By Sanday Chongo Kabange | 01/08/2025
Hong Kong's new regulatory framework for stablecoins has taken effect, imposing stringent capital, reserves management, and AML requirements on issuers.

AML / KYC
DBS Hong Kong Launches Anti-Scam Team to Contain Fraud Threat
By Manesh Samtani | 01/08/2025
The bank has established a 24/7 team to combat authorised payment scams in Hong Kong, mirroring the model used by its Singapore parent to safeguard the interests of the bank’s customers.

Crypto / Digital Assets
South Korea Forms Task Force to Regulate Crypto Lending
By Manesh Samtani | 01/08/2025
Regulators and exchanges will develop guidelines by August after high-leverage products raised investor protection and legal risk concerns.

Crypto / Digital Assets
US Releases Crypto Policy Roadmap to Reclaim Global Leadership
By Manesh Samtani | 31/07/2025
The report names Japan and Singapore among the key competitor markets, calls for a revisit of the BCBS crypto standards, and signals an intent to extend the reach of US AML rules.

Fintech / Regtech
Taiwan FSC Set to Open Applications for Digital Insurer Licences
By Nithya Subramanian | 31/07/2025
has set a mandatory innovation quota for new entrants and amended rules to encourage fintech-driven business models.

Crypto / Digital Assets
Indonesia Overhauls Crypto Rules, Reclassifies Assets, Hikes Taxes
By Editors | 31/07/2025
New rules effective 1 August will double transaction taxes for sellers and reclassify crypto as a financial asset, removing VAT for buyers.

Trending
Korea Launches Joint Task Force to Combat Stock Manipulation
By Manesh Samtani | 31/07/2025
A new multi-agency team will enforce a "one-strike out" policy with tougher penalties and enhanced surveillance to root out unfair trading.

Enforcement
BNM Fines Three Lenders for Regulatory Breaches
By Nithya Subramanian | 31/07/2025
The fines were imposed for breaches involving deficient AML controls, delayed sanctions screening, and banking service outages.

Fintech / Regtech
BSP Mandates New Digital Reporting Mechanism for Liquidity, Deposits
By Manesh Samtani | 31/07/2025
Financial institutions face staggered deadlines to adopt the new PRIME system for submitting key reports in XML format as the regulator overhauls its data collection.

AML / KYC
India to Roll Out Biometric Authentication for UPI Transactions - Reports
By Editors | 30/07/2025
The NPCI is introducing fingerprint and face ID verification to curb fraud, with the RBI mandating transaction caps for the new feature.
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