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Reporting on regulatory frameworks, enforcement actions, adoption trends, and risks associated with decentralised digital currencies like Bitcoin and Ethereum.
Clearing & Post-Trade
FIA Critiques EU Proposals to Directly Supervise Asia CCPs
By Garima Chitkara | 07/12/2017
Chief executive says some systemically important CCPs could be forced to move to Europe, fragmenting liquidity and raising costs.
Custody & Infrastructure
Malaysia Trialling Blockchain-based Unlisted, OTC Markets
By Editors | 04/12/2017
Distributed ledger trial will form basis of technology architecture, software functions and development standards to underpin markets.
Cryptocurrency
India’s Highest Court Considering Petition Calling for Bitcoin Regulation
By Garima Chitkara | 16/11/2017
Petitioner says central bank, securities regulator refusing to take responsibility for bitcoin regulation by not defining as currency or commodity
Cryptocurrency
Singapore, Malaysia Take More Open Stances on Cryptocurrency
By Editors | 09/11/2017
MAS executive director says ICOs could be an example for securities markets; Malaysia to consider secondary market for digital assets.
Resolution & Recovery
When Deposit Insurance Isn’t Insurance
By Peter Guy | 06/11/2017
Calls for EU wide deposit insurance are supposed to herald banking union. But regulatory enforcement, national policies and financial technology stand in the way.
Cryptocurrency
Indonesia, Vietnam Join Virtual Currency Clampdown
By Editors | 30/10/2017
Indonesian central bank says ‘financial innovation’ requires pre-approval; State Bank of Vietnam to pass law outlawing virtual currencies next year.
Cryptocurrency
Bitcoin is Dead. Long Live Cryptocurrency
By Peter Guy | 23/10/2017
Commercial and central banks are urgently trying to vault ahead of bitcoin, fearful the technology could overtake them.
CBDCs
PBOC Completes Algorithm Testing on Digital Fiat Currency
By Editors | 16/10/2017
Central bank leading the race to create world first amid ongoing clampdown on virtual currency exchanges and coin offerings.
Cryptocurrency
Official Media Confirms China Bitcoin Ban Only Temporary
By Editors | 09/10/2017
Xinhua says authorities will introduce a licensing programme and stricter AML rules for cryptocurrency exchanges; ICOs also to become regulated.
AI Risk & Governance
Regulators Must Collectively Embrace 4th Industrial Revolution – ASIC
By Editors | 25/09/2017
Chairman Greg Medcraft expresses concern about regulatory fragmentation with increased use of technology, emergence of ICOs.
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