Digital Assets

Cybersecurity

Indonesia Launches Revamped “Infinity 2.0” Platform to Boost Innovation

By Mark Johnston | 26/04/2025

Infinity 2.0 is a revamped digital platform to foster collaboration, innovation, and cybersecurity in the digital financial sector.

Fraud, Scams & Cybercrime

Nine Sentenced in Chinese Fraud Scheme Targeting Indian Investors

By Mark Johnston | 26/04/2025

The perpetrators targeted Indian victims on social media and duped 66,800 of them out of INR 517 million.

Stablecoins

Pakistan, Malaysia to Develop Shariah-aligned Digital Assets Framework

By Nithya Subramanian | 26/04/2025

The two countries will collaborate to develop global standards for Sharia-compliant digital assets such as halal stablecoins and tokenised sukuk.

Payments & Settlements

BIS Publishes Findings from DLT Project to Enhance FX Settlements

By Manesh Samtani | 25/04/2025

Project Meridian FX demonstrated the technical feasibility of using “synchronisation operators” to modernise FX settlements, improve interoperability, and increase efficiency.

Fraud, Scams & Cybercrime

Nearly a Third of Bybit’s Stolen Crypto is Now ‘Untraceable’

By Thisanka Siripala | 24/04/2025

Only 3.84% of the USD 1.4 billion worth of cryptocurrency stolen from Bybit in February has been frozen.

Tokenisation

BIS Publishes Findings from Project to Tokenise MDB Promissory Notes

By Manesh Samtani | 24/04/2025

Project Promissa developed a DLT platform for tokenised promissory notes, enabling more efficient management of the notes throughout their lifecycle.

Structural Regulation

FSC Taiwan to Revise Rules for International Securities Branches

By Nithya Subramanian | 24/04/2025

Offshore clients can deposit funds not only in foreign currency accounts at OBUs but also with foreign custodian banks, subject to conditions.

Tokenisation

JSDA Revises OTC Rules to Accommodate Security Tokens

By Thisanka Siripala | 24/04/2025

The rule revisions add trust beneficiary securities to the J-Ships programme and clarify procedures for issuing security tokens.

CBDCs

BOK to Expand CBDC Pilot to Include P2P Transfers

By Mark Johnston | 24/04/2025

BOK is set to widen its digital currency trial by adding person-to-person transfers and a digital welfare voucher system.