Fintech / Regtech

Under the new regulations, cryptocurrency investors must have previous experience or training to prove their knowledge of cryptocurrency.

BNM does not have any immediate plans to issue a CBDC but will actively assess the potential value proposition of digital currencies.

The RBI has asked the payments provider Mobikwik to carry out an immediate forensic audit following allegations of a data breach.

The BOT says the retail digital baht will provide access to convenient and secure financial services without affecting Thailand's financial system.

The first phase of testing will involve experiments on the basic functions of the CBDC as a payment instrument.

The retail payment link will facilitate cross-border transactions between Thailand and Vietnam using local currencies.

The PBOC suggests CBDC systems of different jurisdictions should be interoperable for monitoring and information sharing.

The ACCC’s decision is based on an assessment that the NAB acquisition is “unlikely to substantially lessen competition” in the market.

Companies are required to disclose their cryptocurrency dealings as well as profits and losses on these transactions in their financial statements.

The BOJ Liaison and Coordination Committee will share details and provide updates on the PoC with the private sector and the government.