Digital Assets

Tokenisation

BIS, HKMA to Build Digital Infrastructure for Green Investment

By Manesh Samtani | 25/08/2021

BIS Innovation Hub, HKMA and private sector firms will tokenise green bonds to facilitate investment in and improve the transparency of green projects.

CBDCs

BOT Confirms Plans to Pilot Retail CBDC in Q2 2022

By Sanday Chongo Kabange | 24/08/2021

The CBDC will be cash-like and non-interest-bearing, to ensure that it does not compete with deposits or cause runs on financial institutions.

CBDCs

The Role of Digital ID in Advancing CBDC Initiatives

By Claus Christensen | 24/08/2021

The presence of digital ID infrastructure can influence the design and roll-out of CBDC initiatives, writes Claus Christensen.

Anti-Money Laundering

Upbit Becomes First Crypto Exchange to Register With KoFIU

By Editors | 24/08/2021

Upbit has a partnership with K-bank for real-name verification. One or two more exchanges are expected to register by end-August.

Structural Regulation

Taiwan FSC Eases Rules for Overseas Branches of Securities Firms

By Editors | 22/08/2021

Securities firms will be allowed to offer foreign currency custody services at overseas branches with a net value of TWD 4 billion, compared to TWD 10 billion previously.

CBDCs

China: More Smaller Lenders Set to Join Digital Yuan Pilot

By Sanday Chongo Kabange | 22/08/2021

City Commercial Banks Clearing Company and the Rural Credit Bank Funds Clearing Centre have launched “one point integration” digital yuan systems.

Cryptocurrency

ASIC Warns Against Unlicensed Crypto Derivatives Trading

By Sanday Chongo Kabange | 19/08/2021

ASIC has received reports that investors who used unlicensed crypto-trading platforms have suffered losses due to excessive leverage, platform outages, or unfair liquidations.

Anti-Money Laundering

Darkweb Blockchain Analytics Tool Gets Shut Down

By Ranamita Chakraborty | 19/08/2021

A service that was being used by criminals to check whether their own bitcoin wallets were linked to criminal activity has been shut down.

Anti-Money Laundering

All VASPs Unprepared for New AML Rules, FSC Korea Finds

By Manesh Samtani | 18/08/2021

Even VASPs with real-name accounts in place do not have dedicated employees in place for AML or adequate systems for suspicious transactions reporting.