Digital Assets

    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.

    Payments & Settlements

    Singapore, Malaysia to Link PayNow, DuitNow in Q4 2022

    By Pongnut Thanaboonchai | 27/09/2021

    Customers of participating financial institutions will be able to make real-time cross-border transfers using a mobile number.

    Tokenisation

    SGX-Temasek JV to Launch Issuer Services Platform in Q4 2021

    By Editors | 27/09/2021

    Marketnode has established partnerships with 10 FIs to facilitate the launch of the new platform, which is part of a new digital infrastructure for fixed income.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.