Digital Assets

Structural Regulation

CSRC Grants Deutsche Bank Fund Custody Licence in China

By Editors | 22/12/2020

Deutsche Bank has become the second foreign bank to be granted a domestic fund custody licence in China, just months after rules were finalised for granting such approvals.

Cryptocurrency

UPDATED: US SEC Files Lawsuit Against Ripple, Top Execs

By Editors | 22/12/2020

The lawsuit will allege that Ripple, its CEO and its Co-founder sold unlicensed securities that should be registered with the SEC.

Cryptocurrency

SFC Issues First Licence to Digital Asset Trading Platform

By Editors | 16/12/2020

The licences permit OSL Digital Securities to operate regulated brokerage and automated trading services for digital assets.

KYC & CDD

Hong Kong Set to Tighten Rules for Digital Wallets July 2021

By Editors | 15/12/2020

Non-real-name account holders will not be able to transfer money to other banks or e-wallets, or make cross-border remittances.

Custody & Infrastructure

Onchain Custodian Recognised for ‘True Compliance Mindset’

By Editors | 15/12/2020

Onchain Custodian provides enterprise grade custody services for the cryptoasset sector, offering investors certainty that their digital assets are held securely.

Anti-Money Laundering

Elliptic Wins RegTech Award for Blockchain Analytics Solution

By Editors | 15/12/2020

Elliptic provides a blockchain analytics solution with tracing and risk scoring capabilities that address AML/CFT compliance in the cryptoasset sector.

Anti-Money Laundering

Cylynx Named ‘One to Watch’ in Blockchain Transaction Monitoring

By Editors | 15/12/2020

Cylynx provides an AI-based automated blockchain monitoring platform that helps cryptocurrency exchanges comply with incoming AML/CTF requirements.

Structural Regulation

StanChart Permitted to Establish Digital Bank in Singapore

By Editors | 14/12/2020

StanChart was named Singapore’s first Significantly Rooted Foreign Bank in August. New privileges allow it to secure an additional full bank licence to establish a digital banking subsidiary.

Custody & Infrastructure

MAS Grants DBS In-principle Approval to Set Up Digital Exchange

By Manesh Samtani | 10/12/2020

The DBS announcement came two days after SIX and SBI Digital Asset Holdings announced plans to launch a digital asset issuance platform, exchange and CSD venue by 2022.