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Cryptocurrency
India to Finalise Stance on Crypto in Early 2023 – Reports
By Editors | 25/09/2022
The government plans to finalise its stance by February-March 2023, ahead of a May deadline to respond to the FATF.
Cryptocurrency
Indonesia to Tighten Rules for Crypto Exchanges – Report
By Editors | 25/09/2022
Crypto exchanges will have to post Indonesian citizens resident in the country to at least two-thirds of their board seats.
Custody & Infrastructure
US SEC Accounting Guidance Disrupts Banks Crypto Projects
By Mark Johnston | 24/09/2022
Accounting guidance issued in March has reportedly forced US listed banks that were building out crypto offerings to suspend their plans.
Stablecoins
EU Lawmakers Finalise Text of MiCA Legislation – Reports
By Editors | 23/09/2022
Limitations on the use of USD-pegged stablecoins within the EU have been removed. Algorithmic stablecoins and tradeable NFTs could be brought into scope.
Cryptocurrency
Australian Senator Proposes Bill on Digital Asset Regulation
By Editors | 23/09/2022
The bill would establish rules for crypto exchanges, custody providers stablecoin issuers, and banks facilitating e-CNY transactions.
Custody & Infrastructure
SBI Obtains Singapore Licence to Offer Digital Asset Services
By Editors | 22/09/2022
SBI Digital Markets will advise on corporate finance, deal in capital markets products, and provide custodial services.
Tokenisation
Deutsche Börse Goes Live With Digital Securities Platform
By Editors | 21/09/2022
The D7 platform allows FIs to issue digital financial instruments, providing an alternative to conventional physical issuance and securities processing.
Custody & Infrastructure
Thailand SEC Issues New Rules on Crypto Custody
By Editors | 21/09/2022
Digital asset depository service providers already in business have until 11 October to submit a licence application to the SEC.
CBDCs
China to Expand CBDC Testing in Guangdong, Other Provinces
By Editors | 21/09/2022
The central bank will expand its digital yuan testing to include Guangdong, Jiangsu, Hebei and Sichuan in their entirety.
Cryptocurrency
Binance Set to Secure Crypto Licence for the Philippines
By Editors | 21/09/2022
Binance is in late stage talks to buy a Philippine company that already has VASP and electronic money issuer licences.
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