Digital Assets

Cryptocurrency

Binance Withdraws DPT Licence Application in Singapore

By Mark Johnston | 15/12/2021

Binance’s recent investment in Hg Exchange rendered its licensing application “somewhat redundant”, CEO Changpeng Zhao said.

Cryptocurrency

Australia Unveils Plans to Reform, Modernise Payments System

By Sanday Chongo Kabange | 14/12/2021

The government plans to establish a licensing regime for crypto exchanges, a custody regime for digital assets, and explore the feasibility of a CBDC.

Tokenisation

Bursa Malaysia Concludes Dematerialised Structured Warrants PoC

By Manesh Samtani | 14/12/2021

The PoC demonstrated that smart contracts can help to enable parties to share standardised and automated business processes and enable increased workflow efficiency.

Stablecoins

Parallel Myanmar Government Recognises Tether as Official Currency

By Editors | 14/12/2021

The pro-democracy National Unity Government has reportedly begun using Tether as a proxy for the US dollar to raise funds for a campaign to topple the military regime.

CBDCs

PBOC Reiterates Commitment to Hong Kong Financial Centre

By Sanday Chongo Kabange | 13/12/2021

Key areas of collaboration to enhance Hong Kong’s roles as an international financial centre include CBDC, regtech, green finance development.

CBDCs

RBA, CBA, NAB Conclude Project Exploring Wholesale CBDC

By Manesh Samtani | 13/12/2021

The model used in the PoC preserves the current role of banks in the financial system and allows non-bank wholesale market participants to access the CBDC.

DeFi & Web3

Thai SEC Consults on Rules Restricting Use of DeFi Platforms

By Mark Johnston | 12/12/2021

The proposed rules would bar digital asset fund managers from investing customer assets on DeFi platforms and digital asset advisers from recommending them to investors.

AI Risk & Governance

Regulation Asia Awards for Excellence 2021 – Results Announcement

By Editors | 10/12/2021

Regulation Asia held its fourth annual Awards ceremony on 9 December 2021. Here we explain our methodology and announce the winners for the year.

Anti-Money Laundering

TRM Labs Named ‘One to Watch’ for Digital Asset Compliance Platform

By Editors | 10/12/2021

TRM Labs enables transaction monitoring, wallet screening, VASP due diligence, and forensics, bolstered by its extensive blockchain coverage and cross-chain analytics capabilities.