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Fintech / Regtech
BOT to Delay Testing of Retail CBDC to Late 2022
By Editors | 30/12/2021
After discussions with relevant parties and careful consideration, Thailand will proceed slowly, said BOT deputy director Kasidit Tansanguan.
Fintech / Regtech
Bank Indonesia Launches New Fast Payments System, BI-Fast
By Sanday Chongo Kabange | 24/12/2021
BI-Fast lowers the interbank transfer fee, set at IDR 2,500 (USD 0.18) per transaction, down from the usual IDR 6,500 fee for interbank transfers. 21 banks have so far enrolled on BI-Fast.
Fintech / Regtech
KoFIU Completes Initial Review of VASP Business Registrations
By Mark Johnston | 24/12/2021
In all, 29 VASPs have been approved out of a total 42 that filed for registration by the 24 September deadline. Decisions on five entities are still pending.
Fintech / Regtech
Cambodia, Laos to Step Up Cross-Border Cooperation in 2022
By Editors | 23/12/2021
The National Bank of Cambodia and Bank of the Lao PDR will cooperate on payment innovation and cross-border connectivity, among other areas.
Fintech / Regtech
Australian Treasury Confirms Plans to Expand Consumer Data Right
By Mark Johnston | 23/12/2021
Action initiation functionality will be applied first in the banking sector to enable the development of new, competitive and consumer-focused payment services.
Fintech / Regtech
SEBI Forms New Advisory Committee on Technology
By Editors | 22/12/2021
The new committee will issue recommendations on existing technology projects and propose new suptech and regtech tools to improve SEBI’s capabilities.
Fintech / Regtech
Australian Regulators Endorse Government Plans for Crypto Sector
By Mark Johnston | 22/12/2021
Australia’s Council of Financial Regulators have endorsed the Treasury’s plan to form a new working group on the regulation of the crypto-ecosystem.
Fintech / Regtech
PBOC to Connect Digital Yuan to HK Faster Payment System
By Sanday Chongo Kabange | 22/12/2021
The second phase of the ongoing CBDC trails between the Mainland and Hong Kong will involve connecting e-CNY wallets to Hong Kong’s FPS.
Big Picture
ISSA Explores CBDC Impacts to Post-Trade Settlement
By Editors | 21/12/2021
CBDC is a critical and likely enabler for DLT-based securities settlement and collateral management, with stablecoins providing a possible alternative, the paper says.
Fintech / Regtech
New Carbon Accounting Guidance Issued for Crypto Sector
By Mark Johnston | 21/12/2021
Guidance from the Crypto Climate Accord describes how stakeholders in the crypto sector can measure, track, and report their electricity use and GHG emissions.
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