Digital Assets

    Cryptocurrency

    BOK Seeks Authority to Monitor Crypto Transactions – Report

    By Sanday Chongo Kabange | 15/05/2021

    The BOK plans to use existing authorities to monitor crypto transactions, amid fears that risks in the sector could flow to the broader financial system.

    CBDCs

    HKMA, PBOC In Talks on Next Phase of Digital Yuan Tests

    By Sanday Chongo Kabange | 15/05/2021

    The next phase of technical testing will explore the feasibility of using the digital yuan in cross-border payments.

    CBDCs

    SWIFT, Accenture Explore Real-world Implications of CBDCs

    By Sanday Chongo Kabange | 13/05/2021

    SWIFT is planning trials in the coming months to explore how its platform could interact with CBDCs in cross-border payments.

    Cryptocurrency

    Korean Lawmakers Push for Tougher Crypto Legislation

    By Sanday Chongo Kabange | 11/05/2021

    Lawmakers are pushing for tougher crypto legislation to protect crypto investors against unfair practices and price manipulation.

    Trading & Investment

    WEF Publishes Report Outlining Capital Market Use Cases of DLT

    By Sanday Chongo Kabange | 10/05/2021

    The report calls for a balance between innovation and market safeguards through standardisation, the breaking down of silos and regulatory engagement.

    Fraud, Scams & Cybercrime

    Korea: Police Raid Crypto Exchange, Freeze $214m in Assets

    By Editors | 08/05/2021

    Crypto exchange V Global is alleged to have engaged in an illegal multi-level marketing scheme to lure investors.

    CBDCs

    Electronic Transactions Association Offers CBDC Guidelines

    By Sanday Chongo Kabange | 07/05/2021

    The trade association says governments should carefully consider 7 guiding principles when considering the introduction of a CBDC.

    KYC & CDD

    Thailand to Tighten Crypto Exchange Account Opening Rules

    By Sanday Chongo Kabange | 05/05/2021

    Crypto exchanges will reportedly be required to verify customers’ identities using special machines that require Thai national IDs and physical presence.

    Tokenisation

    UPDATED – BaFin Says Binance Stock Tokens Violate Securities Laws

    By Sanday Chongo Kabange | 05/05/2021

    The tokens require the publishing of a prospectus, “minimum information required by law” for the sale of an investment product.

    CBDCs

    Digital Dollar Project Prepares to Launch CBDC Pilot Tests

    By Sanday Chongo Kabange | 04/05/2021

    The DDP will launch five pilot programs over the next 12 months to measure the value of and inform the future design of a US CBDC.

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