Digital Assets

Cryptocurrency

CBA to Become First Major Aussie Bank to Offer Crypto Trading

By Sanday Chongo Kabange | 05/11/2021

CBA will offer customers the ability to buy, sell and hold crypto assets directly through its ‘CommBank’ app, which is currently used by close to six million customers.

Tokenisation

HKMA Unveils New Measures to Achieve Fintech Vision

By Sanday Chongo Kabange | 04/11/2021

Prototype platforms for green bond tokenisation developed. Commercial Data Interchange enters pilot launch. AML Regtech Lab set for Friday launch.

Cryptocurrency

Hong Kong Virtual Assets Regime Under Review: SFC

By Sanday Chongo Kabange | 03/11/2021

The SFC is considering whether licensed firms should be allowed to provide crypto trading services to clients through omnibus account arrangements, and whether to allow crypto ETFs.

Cryptocurrency

MAS Sees “A Lot of Promise” in Crypto Space: Ravi Menon

By Manesh Samtani | 03/11/2021

MAS is seeking to develop crypto technology and better understand smart contracts as it prepares for Singapore to become a “tokenised economy” by 2030.

Stablecoins

US Regulators Call for Powers to Regulate Stablecoins

By Sanday Chongo Kabange | 02/11/2021

US regulators are calling for the enactment of legislation to ensure that stablecoin issuers are insured and subject to appropriate supervision and regulation.

Cybersecurity

MAS Advisory Panel Offers Recommendations on Cybersecurity

By Editors | 31/10/2021

The Cyber Security Advisory Panel said security awareness and competency in the blockchain space are “not where they needed to be”.

Cloud & Infrastructure

Digital Capability Key to Boosting Malaysia Capital Market, says SC

By Ranamita Chakraborty | 30/10/2021

SC chairman Datuk Syed Zaid Albar highlights the importance of technology and fintech in shaping the capital market ecosystem.

Cryptocurrency

Tokyo Court Confirms $9bn Plan to Repay Mt Gox Creditors

By Editors | 30/10/2021

The rehabilitation plan will lead to the distribution of more than $9bn to investors who lost bitcoins when Mt Gox closed more than seven years ago.

Anti-Money Laundering

FATF Issues Final Updated Guidance on Virtual Assets, VASPs

By Manesh Samtani | 29/10/2021

The guidance offers clarification on the definition of VASPs, and explains how the FATF standards apply to stablecoins, P2P transactions, NFTs and DeFi.