Crypto / Digital Assets

Market Infrastructure

Japan FSA Proposes Detailed Rules for Stablecoin, Crypto Intermediaries and Custody

By Sanday Chongo Kabange | 17/12/2025

Draft rules create a new intermediary licence, introduce a self-trust option for asset custody, and set detailed conduct rules.

Fintech / Regtech

Bhutan Commences Trading in New Sovereign Gold-Backed Token

By Manesh Samtani | 17/12/2025

The token is issued via a special administrative region and distributed exclusively by Bhutan's first licensed digital bank.

Fintech / Regtech

FTAHK Forms Digital Asset Group to Tackle Financial Crime

By Editors | 17/12/2025

New forum aims to promote responsible integration between traditional finance and virtual asset firms through cross-sector collaboration on risk.

Securities / Derivatives

Hong Kong FSDC Lays Out Roadmap to Bolster Capital Markets

By Sanday Chongo Kabange | 16/12/2025

The FSDC proposes clearer listing paths, deeper liquidity and digital asset adoption to maintain the city's competitive edge.

Enforcement

South Korea Scrutinises Binance over Upbit Breach Response

By Mark Johnston | 16/12/2025

Korean police had asked Binance to freeze Solana tokens from the Upbit breach, but only a partial amount was reportedly frozen after an initial delay.

Fintech / Regtech

Swift, HSBC and Ant Pilot Tokenised Deposits for Cross-border Payments

By Editors | 15/12/2025

The proof of concept used the ISO 20022 standard over Swift's network to address interoperability and compliance challenges for digital assets.

Crypto / Digital Assets

StanChart to Explore MYR Stablecoin in BNM Regulatory Sandbox

By Manesh Samtani | 15/12/2025

The bank will act as issuer while Capital A Bhd, the parent company of AirAsia, tests wholesale use cases within BNM's innovation hub.

Crypto / Digital Assets

Pakistan Explores Tokenisation with Binance, Grants Initial Crypto Approvals

By Manesh Samtani | 15/12/2025

Government signs non-binding MoU while the new virtual asset regulator grants initial approvals to Binance and HTX.

Enforcement

AML Status Quo 'Broken', Requires 'Unthinkable' Change, Says Author

By Manesh Samtani | 15/12/2025

Author Jeffrey Robinson argues that decades of AML policy have failed and calls for jailing 'gatekeeper' professionals.