Fintech / Regtech

    AML / KYC

    HKMA Prepares to Roll Out Personal Account Info-Sharing to Combat Fraud

    By Manesh Samtani | 19/09/2025

    The HKMA is enabling banks to share client data on suspected mule accounts, part of a broader push involving AI and data analytics.

    Securities / Derivatives

    Korea to Institutionalise OTC Exchanges for Unlisted Stocks, Fractional Investments

    By Sanday Chongo Kabange | 19/09/2025

    The regulations will create dedicated licences for OTC platforms, formalising rules on capital, investor protection, and market infrastructure.

    Fintech / Regtech

    China Pilots Unified QR Code Gateway to Streamline Foreign Payments

    By Sanday Chongo Kabange | 18/09/2025

    The PBOC-led initiative aims to standardise access for overseas e-wallets, with nearly 2 million transactions processed in its initial phase.

    Fintech / Regtech

    NPCI Proposes to Allow UPI Cash Withdrawals via Business Correspondents

    By Nithya Subramanian | 18/09/2025

    The NPCI is seeking RBI approval to allow customers to withdraw up to INR 10,000 per transaction, widening access to cash services.

    Fintech / Regtech

    FSC Korea Rejects All Bids for Fourth Internet Bank Licence

    By Manesh Samtani | 18/09/2025

    The FSC found all four applicants unsuitable for preliminary approval, citing weak capitalisation, unclear shareholder structures, and inadequate funding plans.

    Fintech / Regtech

    Korea-Japan Bank Consortium Completes Stablecoin Trial

    By Manesh Samtani | 18/09/2025

    A proof-of-concept remittance project found stablecoins cut costs, but highlighted South Korea's lack of a clear regulatory framework.

    Crypto / Digital Assets

    Kazakhstan Firm Launches World's First Offshore CNY Stablecoin

    By Sanday Chongo Kabange | 18/09/2025

    AnchorX, a licensed stablecoin issuer in Kazakhstan, has debuted its “AxCNH” stablecoin, aiming to streamline payments for 'Belt and Road' nations.

    Crypto / Digital Assets

    India Mandates Cybersecurity Audits for All Crypto Exchanges

    By Nithya Subramanian | 18/09/2025

    Cybersecurity audits will be mandatory for exchanges seeking registration with the FIU. CERT-In has been designated as the overseeing agency.

    ESG / Sustainability

    China Advances Legal Reforms on Cybersecurity, Bankruptcy, Green Finance

    By Mark Johnston | 18/09/2025

    Beijing’s top legislature is reviewing draft laws that will impose tougher cybersecurity penalties, overhaul corporate bankruptcy proceedings and establish a national carbon market.

    Fintech / Regtech

    Singapore Introduces New Measures Against Scam Mules

    By Sanday Chongo Kabange | 18/09/2025

    The new framework to be implemented starting next month aims to curb soaring scam losses by restricting financial and mobile access for individuals facilitating fraud.

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