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Coverage of regulatory requirements, technological advancements, and market trends in the secure storage and management of digital assets for institutions and retail investors.

Custody & Infrastructure
Korea: Hana Bank, BitGo to Jointly Develop Crypto Custody Business
By Editors | 07/09/2023
Hana Bank says the custody business will help strengthen trust in the domestic digital asset market and reinforce consumer protection.

CBDCs
UK Completes Discovery Phase of ‘Regulated Liability Network’
By Editors | 06/09/2023
In the next phase, a PoC will continue testing the Regulated Liability Network for consumer domestic payments involving retail CBDC.

Custody & Infrastructure
MAS Grants RMO Licence to Digital Asset Exchange AsiaNext
By Editors | 06/09/2023
AsiaNext, formed in 2021 as a joint venture between SBI Digital Asset Holdings and SIX Group, will cater exclusively to institutions.

Cryptocurrency
Australia: Senate Committee Rejects Andrew Bragg Crypto Bill
By Manesh Samtani | 05/09/2023
The committee said consultations planned by the government are the most appropriate way to develop a regulatory framework for digital assets.

Cryptocurrency
HashKey Announces Launch of Retail Crypto Trading Service
By Editors | 29/08/2023
HashKey launched trading services for retail crypto investors, allowing them to trading in bitcoin and ether.

Cryptocurrency
US Authorities Propose New Tax Reporting Rules for Crypto
By Manesh Samtani | 27/08/2023
Crypto firms, NFT platforms, and wallet providers would have to report sales and exchanges of digital assets to the IRS.

Tokenisation
HKMA to Explore Regulatory Changes to Promote Bond Tokenisation
By Sanday Chongo Kabange | 26/08/2023
The report suggests new requirements could be introduced for DLT platforms, covering areas from KYC and AML compliance to BCPs and cyber risk assessments.

Cryptocurrency
NZ Parliamentary Report Warns Against Overregulating Digital Assets
By Manesh Samtani | 21/08/2023
New Zealand does not need to urgently design and implement an integrated regulatory framework for digital assets at this time, the report says.

Tokenisation
MUFG, NTT Data Announce Partnership on Digital Corporate Bonds
By Editors | 14/08/2023
NTT Data will connect its corporate bond issuance infrastructure directly to MUFG’s Progmat platform for issuing security tokens.

Custody & Infrastructure
Australia Expected to Consult on Crypto Rules Within Weeks – Report
By Editors | 08/08/2023
The rules are expected to cover crypto custody and licensing for exchanges, as well as obligations for crypto firms to protect customer funds.
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