Digital Assets

Trading & Investment

Thailand, China to Explore Market Connectivity Initiatives

By Editors | 05/10/2021

SEC and CSRC officials have agreed to explore the development and implementation of connectivity initiatives between their markets.

Cryptocurrency

Lack of Crypto Regulation Presents Financial Stability Risk: IMF

By Mark Johnston | 05/10/2021

The IMF says more coordination among national regulators is needed to ensure effective enforcement, reduce regulatory arbitrage, and enhance monitoring of the crypto ecosystem.

CBDCs

HKMA Seeks Input on Technical Design for Retail CBDC

By Manesh Samtani | 05/10/2021

The technical architecture proposed in a new whitepaper includes a privacy preservation arrangement that also allows for transaction traceability.

CBDCs

RBNZ Issues Consultation on Potential CBDC Issuance

By Ranamita Chakraborty | 04/10/2021

A CBDC would help ensure central bank money remains relevant in a digital future, while also providing an additional monetary policy tool, the RBNZ said.

Cryptocurrency

MAS Grants Two New Licences to Provide DPT Services

By Editors | 02/10/2021

DBS Vickers and Independent Reserve have received authorisation under the PSA to provide digital payment token services.

CBDCs

BIS Turns Attention to Practical Issues of Retail CBDC

By Editors | 30/09/2021

The BIS and seven central banks have published three new reports exploring practical policy and implementation issues of general purpose CBDCs.

Cryptocurrency

Korean VASPs Barred From Trading Native Tokens

By Sanday Chongo Kabange | 29/09/2021

A new conflict of interest rule bars VASPs from trading native tokens and their staff from trading virtual assets on their own platforms.

Fraud, Scams & Cybercrime

Hong Kong Sees Spike in Investment Scam Losses – Report

By Editors | 29/09/2021

Victims lost HKD 2.5 billion from investment scams between January and July, a 20-fold increase compared to the same period last year.

CBDCs

Central Banks Create Prototype Platform for mCBDC Settlements

By Sanday Chongo Kabange | 28/09/2021

The prototype platform was able to complete international transfers and foreign exchange operations in seconds while also lowering the cost of cross-border operations.