Fintech / Regtech

Crypto / Digital Assets

Indonesia’s OJK Takes Over Full Oversight of Digital Assets from Bappebti

By Nithya Subramanian | 01/08/2025

The regulator will focus on strengthening regulatory certainty, enhancing consumer protection, and ensuring financial system stability.

AML / KYC

Sri Lanka to Launch National Digital ID by April 2026

By Editors | 01/08/2025

The India-funded project will use the open-source MOSIP platform, with officials stressing adherence to international standards and robust data security protocols.

Securities / Derivatives

SEBI Extends Deadline for Compliance with New Algo Trading Rules

By Nithya Subramanian | 01/08/2025

Brokers and market participants have been given a two-month extension to comply with the new framework.

Fintech / Regtech

Philippines SEC Files Criminal Charges Against Easypeso Operators

By Nithya Subramanian | 01/08/2025

The SEC filed charges against 173 employees of the operator, saying they violated consumer protection, data privacy and cybercrime laws through abusive debt collection tactics.

Fintech / Regtech

India's SFIO Completes Probe into Chinese-Linked Digital Lenders

By Nithya Subramanian | 01/08/2025

Prosecution is likely to be initiated in 33 cases, after the SFIO uncovered fraud, concealment of beneficial ownership, and predatory lending practices.

Fintech / Regtech

Vietnam Directs Ministries to Bolster Cashless Payment Adoption

By Editors | 01/08/2025

The directive aims to expand the digital payment ecosystem, enhance regulatory oversight, and combat tax evasion and financial crime.

Crypto / Digital Assets

Hong Kong Stablecoin Licensing Regime Officially Takes Effect

By Sanday Chongo Kabange | 01/08/2025

Hong Kong's new regulatory framework for stablecoins has taken effect, imposing stringent capital, reserves management, and AML requirements on issuers.

AML / KYC

DBS Hong Kong Launches Anti-Scam Team to Contain Fraud Threat

By Manesh Samtani | 01/08/2025

The bank has established a 24/7 team to combat authorised payment scams in Hong Kong, mirroring the model used by its Singapore parent to safeguard the interests of the bank’s customers.

Crypto / Digital Assets

South Korea Forms Task Force to Regulate Crypto Lending

By Manesh Samtani | 01/08/2025

Regulators and exchanges will develop guidelines by August after high-leverage products raised investor protection and legal risk concerns.