Digital Assets

    CBDCs

    BOJ Advances CBDC Plans, Weighing Retail and Wholesale Tracks

    By Manesh Samtani | 07/07/2026

    The central bank is now formally considering a wholesale CBDC and tokenised deposits, running in parallel with its ongoing retail digital yen pilot.

    Fraud, Scams & Cybercrime

    Hong Kong Investor Sues JPEX-Linked Figures as Criminal Probe Widens

    By Sanday Chongo Kabange | 07/07/2026

    A fresh civil claim has been filed over the JPEX scandal, as Hong Kong prosecutors pursue fraud and money laundering charges against numerous individuals.

    Cryptocurrency

    RBI Reaffirms Opposition to Crypto Legalisation in Parliament

    By Manesh Samtani | 07/07/2026

    The central bank told a parliamentary committee that virtual digital assets pose a significant threat to financial stability and should not be formalised.

    Fraud, Scams & Cybercrime

    Singapore Launches Cyber Command to Enhance Banks' Anti-Scam Defences

    By Nithya Subramanian | 06/07/2026

    The new unit will facilitate the automatic, real-time exchange of data with financial institutions to proactively identify and suspend accounts linked to scams.

    Fraud, Scams & Cybercrime

    US Tech and AI Fuelling Scam Hubs in Myanmar - Report

    By Manesh Samtani | 06/07/2026

    Investigation reveals how AI, satellite internet, and cloud services from US firms are powering billion-dollar fraud operations based in Southeast Asia.

    CBDCs

    BOK Details Vision for Unified Ledger, Eyes Tokenised Bonds

    By Sanday Chongo Kabange | 06/07/2026

    BOK Governor Hyun Song Shin presented the results of "Project Hangang", detailing a system that preserves the two-tier monetary structure and enables programmable payments.

    Stablecoins

    Malaysian Fintech PeerHive Shuts Down, Exits SC Sandbox

    By Editors | 06/07/2026

    A participant in the SC's inaugural sandbox has ceased operations, blaming delays in the availability of approved stablecoins and a lack of funding.

    Stablecoins

    UK Finalises Crypto Regime, Undercuts EU on Stablecoin Capital

    By Manesh Samtani | 06/07/2026

    The FCA has diluted capital and disclosure rules in its crypto framework, setting a more industry-friendly tone following feedback from the sector.

    CBDCs

    Philippines to Develop Strategic Roadmap for Wholesale CBDC

    By Sanday Chongo Kabange | 06/07/2026

    The strategic roadmap will focus on securities settlement and cross-border payments, following Project Agila experiments.

    Stablecoins

    Global Giants and Asian Firms Launch Open USD Stablecoin Network

    By Sanday Chongo Kabange | 06/07/2026

    A new consortium of over 140 firms, including major Korean players, has launched a dollar-pegged stablecoin for business payments.

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