Digital Assets

Cryptocurrency

Industry Takes Tough Stance Against Unfair Trading Practices in Crypto

By Ranamita Chakraborty | 20/11/2023

Panellists at the Singapore FinTech Festival said regulators can work with the industry to address unfair trading practices.

Tokenisation

Japan FSA Allows ODX to Launch Security Token Trading Platform

By Editors | 20/11/2023

Osaka Digital Exchange said its new platform, to be known as “START”, will launch by the end of the year.

CBDCs

Kazakhstan Launches CBDC Platform in “Pilot Mode”

By Editors | 19/11/2023

Second-tier banks and their clients can use the “digital tenge” for retail transactions and to test automated smart contracts for settlements.

Cryptocurrency

Korea: Major Political Party to Require Candidates to Disclose Crypto Holdings

By Editors | 18/11/2023

Information on prospective candidates’ crypto holdings will be made available to the public on an online platform ahead of Korea’s 2024 general election.

Custody & Infrastructure

GBBC Announces Merger with US Blockchain Coalition

By Editors | 18/11/2023

The US Blockchain Coalition will become a national initiative of GBBC, which will have nearly 600 institutional members post-merger.

Tokenisation

Philippines Set to Issue Maiden Tokenised Treasury Bonds

By Mark Johnston | 17/11/2023

The Philippines will issue the country’s first tokenised treasury bonds next week, available in PHP 10 million denominations.

DeFi & Web3

ATO Updates Guidance on Crypto Capital Gains Tax

By Editors | 16/11/2023

Capital gains tax applies to transactions involving wrapped tokens, DeFi lending and borrowing arrangements, liquidity pools, and DeFi reward payments.

CBDCs

MAS Unveils Digital Money Blueprint, Plans for Wholesale CBDC

By Manesh Samtani | 16/11/2023

Four new digital money trials will commence with industry players, and MAS will pilot the “live” issuance of wholesale CBDCs for the first time next year.

Cryptocurrency

NYDFS Finalises Enhanced Requirements for Crypto Token Listings

By Editors | 16/11/2023

New guidance enhances the risk assessment standards in coin-listing policies and requires licensees to also develop coin-delisting policies.