Digital Assets

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    Custody & Infrastructure

    CBIRC Proposes Stricter Rules for Banks’ Custody Businesses

    By Editors | 04/01/2023

    The draft rules strengthen requirements on internal governance, risk management systems, data protection and security controls within banks’ custody businesses.

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    Tokenisation

    China Launching National Digital Assets Platform

    By Editors | 03/01/2023

    The platform will allow users to register, store and protect intellectual property rights and digital collectibles.

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    Stablecoins

    Japan Relaxing Rules on Stablecoins, Token Listings

    By Editors | 03/01/2023

    FSA proposes to allow crypto firms to handle transactions using foreign issued stablecoins. The JVCEA has relaxed its token listing rules.

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    CBDCs

    Boston Fed, MIT Conclude CBDC Research Project

    By Editors | 02/01/2023

    Project Hamilton focused on better understanding the capabilities and limitations of different technologies that might be used to manage and transfer CBDCs.

    Reporting & Disclosures

    Regulation Asia: Top 20 News Stories for 2022

    By Editors | 28/12/2022

    This list presents the most-read new stories published by Regulation Asia in 2022, based on aggregated user traffic analytics.

    Anti-Money Laundering

    Regulation Asia: Top Ten Contributed Articles for 2022

    By Editors | 28/12/2022

    This list presents the most-read contributed articles published by Regulation Asia in 2022, based on aggregated user traffic analytics.

    Cryptocurrency

    UK ASA Orders Removal of “Misleading” Crypto.com Ad

    By Editors | 27/12/2022

    The ASA said the ad was misleading because “it failed to illustrate the risk of investing in NFTs” and “it didn’t make clear that fees would apply”.

    Stablecoins

    Bank of Canada Papers Shine Spotlight on Stablecoins

    By Sanday Chongo Kabange | 27/12/2022

    The first paper calls for effective regulation to gain payments-related benefits. The second highlights concentration risks applicable to stablecoins and their holders.

    Cryptocurrency

    Insurers Are Denying Coverage to Crypto Firms Linked to FTX

    By Editors | 27/12/2022

    When coverage is provided, it is becoming more pricey and contains broad policy exclusions that would deny any FTX-related claims.

    Fraud, Scams & Cybercrime

    HK Police Arrest Two Men Over Halted Crypto Exchange AAX

    By Editors | 26/12/2022

    Police say the two men falsely claimed AAX was undergoing “scheduled maintenance” to suspend user withdrawals. A third individual is said to be on the run.

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