Cryptocurrency

Cryptocurrency

Swift Seeks Regulatory Unity on Cryptocurrencies

By Samuel Riding | 24/11/2015

Payment service network’s research platform suggests regulatory uncertainty is hindering AML and CTF efforts.

Cryptocurrency

Japan to Revamp Oversight of Virtual Currencies

By Samuel Riding | 18/11/2015

FSA invites operators of virtual currency exchanges to share knowledge and come up with ideas for regulation.

Anti-Money Laundering

Aussie Banks Force Bitcoin Operators Out of Business

By Editors | 25/09/2015

Australia’s major banks are closing accounts of bitcoin companies, citing compliance risks resulting from tougher anti-money laundering and counter-terrorism financing rules.

Cryptocurrency

ASIC Sees Opportunities with Blockchain Technology

By Editors | 21/09/2015

Australian Securities and Investment Commission chairman Greg Medcraft says the emergence of blockchain technology has the potential to change the existing financial system.

Structural Regulation

RBI Calls for Regulation of “Disruptive” Financial Innovation

By Editors | 28/08/2015

RBI Deputy Governor SS Mundra is calling for tighter regulatory frameworks around peer-to-peer (P2P) lending, internet-only banks, crowd funding platforms and cryptocurrency.

Cryptocurrency

Japan to Introduce Registration System for Virtual Currency Exchange Operators

By Editors | 07/08/2015

Japan’s Financial Services Agency is considering introducing regulations for trading bitcoins and other virtual currencies, possibly through a registration system for operators.

Cryptocurrency

Aussie Banks Test Digital Currency Ripple as New Payments Technology

By Editors | 19/06/2015

ANZ Bank and Westpac have joined Commonwealth Bank in testing new payments technology from US-based group Ripple Labs, representing a possible transformation of the payments industry.

Anti-Money Laundering

Japan, China, U.S. Jointly Push FATF on Virtual Currency Regulation

By Editors | 18/06/2015

Financial authorities of Japan, the United States and China plan to establish joint regulations to prevent the use of virtual currencies to finance illegal activities such as terrorism.

Emerging Prudential Risks

Australia’s Central Bank Governor Sounds Caution on New Threats to Stability

By Editors | 10/06/2014

Global regulators are issuing more than enough regulation to stop a recurrence of a global financial crisis, said Reserve Bank of Australia governor Glenn Stevens, as he cautioned that new potentially damaging threats to global stability could be overlooked.