Digital Assets

Fraud, Scams & Cybercrime

HKMA is Intensifying its Crackdown on Scams, Laundering, Fraud

By Nathan Lynch | 02/05/2025

The HKMA is sharpening its focus on financial crime as scams and fraud complaints continue to rise, albeit at a slower pace compared to previous years.

Cryptocurrency

AUSTRAC to Cancel Registrations of Inactive Crypto Exchanges

By Sanday Chongo Kabange | 01/05/2025

Around a quarter of Australia’s 400-plus registered digital currency exchanges are believed to be inactive, and at risk of being co-opted by criminals.

Anti-Money Laundering

UAE Publishes New National Risk Assessment Report

By Nithya Subramanian | 01/05/2025

The report calls for stronger controls, improved due diligence, and enhanced coordination across regulated sectors.

Cryptocurrency

SFC Grants Victory Securities Approval to Expand Crypto Services

By Sanday Chongo Kabange | 30/04/2025

Victory Securities is allowed to offer discretionary account management services and to distribute physically-settled crypto-referenced structured products.

Payments & Settlements

HKMA Outlines Plans for Payments Infrastructure Connectivity

By Sanday Chongo Kabange | 30/04/2025

HKMA Deputy CEO Darryl Chan said Hong Kong’s instant payments link with Mainland China is on track for launch in the middle of this year.

Cryptocurrency

Japan Adds 30 More Jurisdictions to Scope of Travel Rule Requirements

By Editors | 29/04/2025

There were already 28 jurisdictions named after an update in January 2024. The FSA proposes to add 30 more jurisdictions, which are mostly EU nations.

CBDCs

WFE Highlights Critical Role of CBDCs in Advancing Tokenisation

By Nithya Subramanian | 28/04/2025

New policy paper says CBDCs have the potential to drive tokenisation if appropriate investment and legal updates are made.

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.