Digital Assets

    Cryptocurrency

    Hong Kong is Moving to a Robust Regulatory Framework for Crypto

    By Etelka Bogardi | 19/04/2022

    Etelka Bogardi and Amy Chung say Hong Kong’s efforts to regulate the crypto sector and stablecoin market are on the whole in line with international trends while leaving room for further development.

    Sustainable Finance

    JPX Issues Framework for Digitally Tracked Green Bonds

    By Manesh Samtani | 19/04/2022

    JPX also announced a partnership with Hitachi, Nomura Securities and BOOSTRY to issue the first publicly-offered bonds under the new framework.

    PEPs & Sanctions

    US Treasury Sanctions Lazarus Entities Over ‘Ronin Bridge’ Hack

    By Editors | 19/04/2022

    OFAC has added a list of entities associated with Lazarus to its sanctions list, including a specific Ethereum wallet address associated with the attackers.

    Tokenisation

    China: Industry Bodies Warn of NFT-related Financial Risks

    By Editors | 17/04/2022

    China’s internet finance, banking and securities associations have outlined six measures to curb “NFT financialisation and securitisation” and prevent NFT-related illegal activity.

    PEPs & Sanctions

    GCFFC Task Force to Drive Sanctions Compliance in Crypto

    By Editors | 17/04/2022

    The founding members of the task force are Chainalysis, Elliptic, GDF and Safello, who will together work to support sanctions compliance in the crypto industry.

    Cryptocurrency

    Australia: Regulatory Hurdles Delay Rollout of CBA Crypto Services

    By Mark Johnston | 15/04/2022

    ASIC is using its design and distribution powers to ensure CBA customers are provided the right level of disclosures around crypto product risks.

    CBDCs

    BOJ Offers Clues on Path Forward for CBDC Issuance

    By Manesh Samtani | 15/04/2022

    The BOJ has commenced phase two testing on a CBDC. Later this fiscal year, it plans to seek input from the public on how a CBDC might benefit businesses and the overall payments landscape.

    CBDCs

    PwC Publishes 2022 Rankings of Global Retail, Wholesale CBDCs

    By Sanday Chongo Kabange | 14/04/2022

    The highest ranking retail CBDC projects were from Nigeria, the Bahamas, and China. The highest ranking wholesale CBDC projects were from Thailand, Hong Kong and Singapore.

    Emerging Prudential Risks

    ASEAN Ministers, Central Banks Prioritise Financial Stability, Inclusion

    By Sanday Chongo Kabange | 14/04/2022

    Finance ministers and central bankers have committed to promoting financial stability, financial inclusion and banking integration in the ASEAN region.

    Cryptocurrency

    Nasdaq Publishes Guide on Global Crypto Regulation

    By Editors | 14/04/2022

    Nasdaq has published a summary of laws and regulations governing the trading of crypto assets around the world.

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