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Sanctions
EU Study Calls for New Global Rules to Address Organised Crime Groups
By Manesh Samtani | 23/03/2026
European Parliament report urges the FATF to tackle illicit finance from state-linked criminal groups, highlighting gaps in international law.

AML / KYC
Global Raid Shuts 373,000 Dark Web Sites Run From China
By Manesh Samtani | 23/03/2026
Chinese national allegedly ran a network offering fraudulent cybercrime services and taking payments in Bitcoin, prompting a 23-country crackdown.

Crypto / Digital Assets
Korea FSS Seeks Bank-Level Powers to Supervise Crypto Exchanges
By Sanday Chongo Kabange | 23/03/2026
The FSS has proposed direct sanctioning powers and stricter operational rules for virtual asset firms in a submission to parliament.

AML / KYC
Taiwan FSC Targets AML, Property Speculation in Latest Industry Review
By Sanday Chongo Kabange | 23/03/2026
The FSC H2 2025 examination report details common failings in AML, consumer protection, and cybersecurity across 12 financial sectors.

Crypto / Digital Assets
SBI Launches Japan's First Stablecoin Lending Service for Retail
By Sanday Chongo Kabange | 20/03/2026
The service offers high yields on USDC but comes with explicit counterparty and liquidity risks.

Crypto / Digital Assets
China Set to Expand of Digital Yuan Operator Network - Report
By Mark Johnston | 20/03/2026
China's central bank is preparing to more than double the number of banks authorised to operate the digital yuan, as a shift to interest-bearing status boosts commercial incentives.

Fintech / Regtech
Japan, UK Seek Alignment on ISSB, Basel III and Crypto Regulation
By Manesh Samtani | 20/03/2026
Regulators discussed sustainability reporting, digital assets, and reaffirmed their commitment to the full, timely, and consistent implementation of Basel III.

Capital / Liquidity
WFE Urges Basel Committee to Rethink Crypto Capital Rules
By Manesh Samtani | 20/03/2026
WFE warns that current standards risk stifling tokenisation and do not reflect the principle of 'same risk, same regulation'.

Crypto / Digital Assets
FSC Korea Refers 'Horse Racing' Crypto Manipulator for Prosecution
By Mark Johnston | 19/03/2026
Regulators have referred a market manipulator for prosecution and mandated new exchange duties to combat unfair trading practices.

Fintech / Regtech
BOK Expands CBDC Pilot to Test Subsidies, P2P Transfers
By Sanday Chongo Kabange | 19/03/2026
The central bank is adding two more lenders to its 'Project Hangang' pilot and will test programmable payments for government subsidies.
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