Fintech / Regtech

Fintech / Regtech

Korea FSS Vows to Increase Support for Fintech Industry

By Editors | 23/01/2022

The FSS will push for the enactment of a so-called “Fintech Nurturing Act”, which will ease restrictions on investment in fintech firms by financial companies.

Crypto / Digital Assets

Laos Central Bank Authorises Crypto Exchange Platforms

By Editors | 23/01/2022

Cryptocurrency exchange platforms Lao Digital Assets Exchange and Bitqik are expected to start providing services in April.

Fintech / Regtech

Singapore, Indonesia to Deepen Cooperation on Payments, AML

By Editors | 22/01/2022

MAS and Bank Indonesia will deepen cooperation on payments innovation, monetary policy, macroprudential policy, financial stability, and AML/CFT.

Fintech / Regtech

OECD Examines Policy Implications of DeFi in New Report

By Mark Johnston | 22/01/2022

An increased use of stablecoins constitutes “one of the greatest points of vulnerability of the DeFi market” and a potential channel of risk transmission to the traditional financial markets.

Fintech / Regtech

BSP to Enhance Policy Formulation Through Big Data

By Editors | 19/01/2022

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

Crypto / Digital Assets

ASIC Warns Against Investing Super in Crypto Assets

By Sanday Chongo Kabange | 18/01/2022

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

Fintech / Regtech

Crypto Firms Should Not Advertise to Retail Customers: MAS

By Mark Johnston | 18/01/2022

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

Enforcement

IOSCO Proposes Measures to Address Risks from Online Marketing

By Manesh Samtani | 18/01/2022

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

Fintech / Regtech

MAS Grants RMO Licence to Digital Asset Platform ECXX

By Editors | 17/01/2022

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