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Anti-Money Laundering
North Korean Operative Laundered Stolen Crypto via Global Banks, US Alleges
By Editors | 28/12/2025
Indictments claim Sim Hyon-sop used a complex network involving brokers and shell companies to evade sanctions and process funds.

Payments & Settlements
China Issues New Rules for Banks to Fund Key Western Trade Corridor
By Editors | 26/12/2025
The guidelines direct financial institutions to streamline credit, expand cross-border services, and pilot digital currencies to support the strategic trade route.

Cryptocurrency
Philippines Blocks Coinbase, Gemini in Crackdown on Unlicensed Platforms
By Editors | 26/12/2025
Regulators ordered ISPs to block 50 virtual asset providers, while investors reported access issues to brokerage Interactive Brokers.

Custody & Infrastructure
Hong Kong Finalises Legislative Proposals for Crypto Dealers, Custodians
By Editors | 26/12/2025
Regulators also launched a new consultation on establishing separate licensing regimes for virtual asset advisory and management services.

Stablecoins
Chinese Academics Propose Stablecoin Pilots in Free Trade Zones
By Editors | 26/12/2025
A policy proposal suggests using ring-fenced sandboxes in Qianhai and Hainan to test stablecoins for cross-border trade settlement.

Cryptocurrency
Bybit to Cease Japan Crypto Services, Citing Regulatory Pressure
By Editors | 26/12/2025
Bybit will phase out services for Japanese residents to comply with the FSA's strict registration requirements.

Cryptocurrency
HK Regulator Proposes to Permit Crypto Investments by Insurers
By Editors | 24/12/2025
The Insurance Authority plans a 100% risk charge for investments in crypto assets and incentives for infrastructure investments.

CBDCs
BOK Resumes CBDC Pilot to Test Distribution of Government Subsidies
By Manesh Samtani | 23/12/2025
Bank of Korea is accelerating its digital currency pilot amid a stalled legislative progress on won-denominated stablecoins.

Tokenisation
Sri Lanka SEC Developing Regulatory Framework for Digital Assets
By Editors | 23/12/2025
The securities regulator aims to provide a regulated alternative for tech-savvy youth, focusing on investment tokens rather than cryptocurrencies.

Capital Adequacy
HKMA Finalises Prudential Rules for Banks' Crypto Exposures
By Manesh Samtani | 23/12/2025
The new framework, effective from January 2026, implements Basel standards and sets out detailed capital, liquidity and risk management requirements.
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