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Fintech / Regtech
Australia Issues Draft Legislation for New Payments Licensing Framework
By Mark Johnston | 13/03/2026
The reforms establish a dual ASIC-APRA model, setting a AUD 200 million threshold for prudential oversight and introducing new safeguarding rules.

Fintech / Regtech
HKMA Directs Banks to Conduct Strategic Reviews for Tokenisation Era
By Sanday Chongo Kabange | 13/03/2026
Top HKMA officials set out expectations for banks to adapt their business models for emerging digital technologies like DLT.

Fintech / Regtech
FSS Korea to Inspect Toss Bank After Won-Yen Price Glitch
By Nithya Subramanian | 13/03/2026
The regulator has launched an on-site probe after a system error briefly let customers buy yen at half the market rate, causing potential losses of about KRW 10 billion.

Fintech / Regtech
FSB and Industry Launch New Push on Cross-border Payments
By Sanday Chongo Kabange | 13/03/2026
Andrew Bailey says progress on the G20 roadmap is stalling, outlining new action plans for regulators and calling for industry leadership.

Fintech / Regtech
Philippine Senate Approves Act on OFW Remittance Protection
By Sanday Chongo Kabange | 12/03/2026
The measure tasks regulators with setting a range for remittance fees and mandates financial literacy training for overseas workers.

Market Infrastructure
BIS Paper Calls for Public Sector Push to Fix Cross-Border Payments
By Manesh Samtani | 12/03/2026
New paper highlights slow speeds and high costs, pointing to APAC initiatives as models for improving global payment systems.

Fintech / Regtech
China Curbs OpenClaw AI Use Amid Security Fears and Adoption Frenzy
By Mark Johnston | 12/03/2026
Beijing is restricting the viral AI agent in state-run firms over security risks, even as local governments offer subsidies to fuel adoption.

AML / KYC
US Treasury Recognises Legitimate Use of Crypto Mixers, Seeks New Powers
By Manesh Samtani | 12/03/2026
A key report signals a nuanced US stance on privacy tools while proposing a "hold law" to freeze suspicious digital assets.

Fintech / Regtech
Australia's ‘Confirmation of Payee’ Service Hits 100m-Uses Milestone
By Sanday Chongo Kabange | 12/03/2026
The anti-scam system, part of a broader industry accord, is showing early success in preventing fraudulent and mistaken payments.

Crypto / Digital Assets
New Zealand FMA Calls for Digital Asset Law, Expands Fintech Sandbox
By Sanday Chongo Kabange | 12/03/2026
The FMA has flagged the need for primary legislation for virtual assets, citing industry concerns over regulatory fragmentation.
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