Digital Assets

CBDCs

PNG Completes CBDC Trial with Japan’s METI and Soramitsu

By Editors | 10/02/2025

The PoC involved building a secure payment infrastructure that enabled real-time payments and P2P remittances through a mobile app.

Anti-Money Laundering

ByBit Pays $1m Penalty to Re-enter Indian Crypto Market

By Nithya Subramanian | 10/02/2025

Bybit has paid a penalty and registered with FIU-IND, after having suspended services in India last month.

Cryptocurrency

Japan Orders Apple, Google to Block Unregistered Crypto Apps

By Thisanka Siripala | 08/02/2025

The FSA is targeting Bybit, MEXC Global, LBank Exchange, KuCoin, and Bitget, which have been operating without proper registration under Japan’s Payment Services Act.

Anti-Money Laundering

FATF Annual Report Highlights Crypto Loopholes as Key Threat

By Thisanka Siripala | 07/02/2025

Six years after the FATF strengthened its virtual asset standards, 97 out of 130 jurisdictions are still not fully compliant.

Cryptocurrency

FDIC “Actively Reevaluating” Supervisory Approach to Crypto

By Manesh Samtani | 07/02/2025

FDIC released correspondence with banks regarding crypto-related activities. Congress meanwhile held its first hearings about US debanking of crypto clients.

Cryptocurrency

US SEC Sets Out Priorities of New Crypto Task Force

By Thisanka Siripala | 06/02/2025

The priorities include clarifying how crypto assets are classified, providing clearer pathways for registration, and updating regulations for custodians

Tokenisation

DTCC Launches New Platforms to Drive Digital Assets Adoption

By Editors | 06/02/2025

The platforms support token issuance, distribution, servicing, monitoring, reporting and other lifecycle processes.

Cryptocurrency

Monochrome Group Registers Crypto ETFs in Singapore

By Nithya Subramanian | 06/02/2025

Monochrome’s Bitcoin and Ethereum ETFs have been registered with MAS as restricted schemes, making them accessible to accredited and institutional investors.

Cryptocurrency

US President Orders Creation of Sovereign Wealth Fund

By Thisanka Siripala | 06/02/2025

Analysts have speculated that the fund could be used to buy and hold digital assets, or to acquire a stake in Chinese-owned TikTok