Digital Assets

Anti-Money Laundering

FDIC Proposes New AML, Sanctions Rules for Stablecoin Issuers

By Manesh Samtani | 28/05/2026

The proposal would require the US banking regulator to consult with the Treasury's financial crime unit before taking enforcement actions.

Tokenisation

Project Agora Finds No Legal Barriers to Tokenised Cross-Border Payments

By Manesh Samtani | 28/05/2026

BIS-led project involving seven central banks has concluded its prototype for tokenised payments is compatible with existing legal frameworks.

Cryptocurrency

Korea to Mandate Reporting for Cross-Border Crypto Transactions

By Sanday Chongo Kabange | 28/05/2026

New amendments to the Foreign Exchange Transactions Act will require virtual asset service providers to register and report all cross-border transfers to the central bank.

Cryptocurrency

Hong Kong Finalises Rules for Retail Funds’ Crypto and Staking Activities

By Sanday Chongo Kabange | 28/05/2026

The SFC has detailed requirements for authorised funds to invest in spot virtual assets and engage in staking, while clarifying the treatment of licensed stablecoins.

Tokenisation

SEBI Plans Tokenisation, New Rules to Deepen Debt Market

By Nithya Subramanian | 28/05/2026

SEBI has unveiled a suite of planned reforms including a pilot for bond tokenisation and a new framework for debt brokers to boost liquidity and participation.

Fraud, Scams & Cybercrime

Singapore Charges Former Hodlnaut CEO Over Terra Collapse Disclosures

By Nithya Subramanian | 27/05/2026

The former head of the defunct crypto lender faces six fraud charges for allegedly misleading users about the firm’s exposure to TerraUSD.

Custody & Infrastructure

Hong Kong Finalises Rules for Virtual Asset Advisory and Management

By Sanday Chongo Kabange | 27/05/2026

New licensing regimes will align with existing securities rules, with a bill expected with this year completing the city’s core digital asset framework.

Credit Risk

Vietnam Proposes Digital Assets, Data-Driven Lending for SMEs

By Editors | 27/05/2026

A draft law aims to help SMEs access credit by using intangible assets as security and by piloting a regulatory sandbox for data and cash flow–based lending.

Cryptocurrency

Korea Probes Polymarket Over Potential Gambling Violations

By Editors | 27/05/2026

South Korea’s media regulator is reviewing whether the crypto prediction platform Polymarket constitutes illegal gambling, amid growing international pressure on such services.