Fintech / Regtech

The BSP has partnered with the University of the Philippines to develop a News Sentiment Index, which will lead to more targeted policy formulation.

ASIC says individuals who set up self-managed super funds may be increasingly targeted by scammers to invest in crypto-assets.

New guidelines say crypto firms should refrain from advertising their services in public areas in Singapore or via social media influencers.

IOSCO proposes policy and enforcement measures to address risks in online marketing and distribution of financial products to retail investors.

ECXX Global Pte Ltd entered Sandbox Express in August 2020 as a digital asset exchange platform providing investors access to security tokens.

The FSC will apply “same rules for same services” to ensure fair competition between bigtech firms and financial institutions.

Chainalysis estimates that illicit wallet addresses received $14bn throughout 2021, but this represented just 0.15% of total transaction volumes in crypto during the year.

The NDRC said that measures to stamp out cryptocurrency mining are part of efforts to help achieve peak carbon and carbon neutrality targets on schedule.

Data specialising institutions are allowed to converge anonymised and pseudonymised data originating from different businesses for analytics purposes.

A BIS paper says platform-based business models can lower costs and aid financial inclusion, but they can also give rise to digital monopolies and oligopolies.