CRYPTO / DIGITAL ASSETS

    AML / KYC

    MAS Issues Guidance on Russia Sanctions Compliance

    By Manesh Samtani | 17/03/2022

    Crypto exchange operators have all been instructed to provide details of their Russia-linked clients to the regulator.

    AML / KYC

    Japan Crypto Exchanges Ordered to Comply with Sanctions

    By Editors | 17/03/2022

    Fines up to JPY 1 million and up to three years’ imprisonment are specified for non-compliance with sanctions by crypto exchange platforms.

    Fintech / Regtech

    DTC, Hodlnaut Get In-Principle Approval for DPT Services in SG

    By Editors | 17/03/2022

    Digital Treasures Center enables merchants to accept crypto in payments. Hodlnaut offers cryptocurrency borrowing and lending services.

    Crypto / Digital Assets

    US Treasury Forms Educational Subgroup on Digital Assets

    By Editors | 16/03/2022

    The new subgroup will develop educational materials to help consumers make informed decisions about digital assets.

    Crypto / Digital Assets

    Thai SEC Revises Definitions for Institutional, HNW Investors

    By Editors | 16/03/2022

    Institutional investors will include those with the ability to analyse and absorb risks in complex and high-risk products, such as VC and PE firms, investment analysts, and company directors.

    Fintech / Regtech

    S. Korea Elects Pro-Crypto President, Yoon Suk-yeol

    By Mark Johnston | 16/03/2022

    President-elect Yoon Suk-yeol has promised to overhaul Korea’s regulatory framework for cryptocurrency, and to relax crypto taxation policies.

    Fintech / Regtech

    Dubai Establishes New Law, Regulator for Crypto Assets

    By Mark Johnston | 16/03/2022

    The new law comes as crypto firms in the UAE receive streams of requests from sanctioned Russians to liquidate billions of dollars of crypto assets.

    AML / KYC

    INTERPOL Launches Financial Crime and Anti-Corruption Centre

    By Editors | 16/03/2022

    The new centre will adopt a multi-agency approach to drive a coordinated global response to transnational financial crime and corruption.

    Fintech / Regtech

    MAS Guidance on Stablecoins Set to Impact Crypto Firms

    By Manesh Samtani | 15/03/2022

    Stablecoins must be treated as DPTs rather than e-money. A new notice specifies a risk warning that must be provided to all customers of DPT services.

    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.

    JOIN OUR NEWSLETTER

    A daily selection of top stories from the Regulation Asia editorial team