Digital Assets

Anti-Money Laundering

KoFIU Completes Initial Review of VASP Business Registrations

By Mark Johnston | 24/12/2021

In all, 29 VASPs have been approved out of a total 42 that filed for registration by the 24 September deadline. Decisions on five entities are still pending.

Payments & Settlements

Cambodia, Laos to Step Up Cross-Border Cooperation in 2022

By Editors | 23/12/2021

The National Bank of Cambodia and Bank of the Lao PDR will cooperate on payment innovation and cross-border connectivity, among other areas.

Anti-Money Laundering

Regulation Asia: Top 20 News Stories for 2021

By Editors | 23/12/2021

This list presents the most-read new stories published by Regulation Asia in 2021, based on aggregated user traffic analytics.

Anti-Money Laundering

Regulation Asia: Top Ten Contributed Articles for 2021

By Editors | 23/12/2021

This list presents the most-read contributed articles published by Regulation Asia in 2020, based on aggregated user traffic analytics.

Cryptocurrency

Australian Regulators Endorse Government Plans for Crypto Sector

By Mark Johnston | 22/12/2021

Australia’s Council of Financial Regulators have endorsed the Treasury’s plan to form a new working group on the regulation of the crypto-ecosystem.

CBDCs

PBOC to Connect Digital Yuan to HK Faster Payment System

By Sanday Chongo Kabange | 22/12/2021

The second phase of the ongoing CBDC trails between the Mainland and Hong Kong will involve connecting e-CNY wallets to Hong Kong’s FPS.

CBDCs

ISSA Explores CBDC Impacts to Post-Trade Settlement

By Editors | 21/12/2021

CBDC is a critical and likely enabler for DLT-based securities settlement and collateral management, with stablecoins providing a possible alternative, the paper says.

Climate Risk

New Carbon Accounting Guidance Issued for Crypto Sector

By Mark Johnston | 21/12/2021

Guidance from the Crypto Climate Accord describes how stakeholders in the crypto sector can measure, track, and report their electricity use and GHG emissions.

DeFi & Web3

Global Regulatory Framework for Crypto Likely Next Year

By Editors | 21/12/2021

Benoît Cœuré said the “wake-up call” for regulators has been the rapid growth of DeFi, as its interconnectedness with traditional finance creates potential systemic risk.