Digital Assets

Cryptocurrency

Malaysia Budget 2019 Targets Tech in Capital Market Measures

By Editors | 05/11/2018

Measures include new regulatory framework for cryptocurrencies, and a new fund to be invested via ECF and P2P platforms alongside private investors, among others.

Anti-Money Laundering

Taiwan Cracks Down On Anonymous Virtual Currency Transactions

By Garima Chitkara | 05/11/2018

Taiwan has amended its AML/CFT laws, forbidding anonymous cryptocurrency transactions and empowering the FSC to take action against noncompliant platform operators.

Cryptocurrency

Hong Kong Targets Investor Protection in New Approach to Crypto Regulation

By Manesh Samtani | 02/11/2018

The SFC will bring crypto-asset portfolio managers, fund distributors and eventually exchanges under its regulatory net, said Ashley Alder at Hong Kong Fintech Week.

Custody & Infrastructure

HKMA Launches Blockchain-based Trade Finance Platform ‘eTradeConnect’

By Manesh Samtani | 01/11/2018

Launched at Hong Kong Fintech Week, eTradeConnect improves trade efficiency by automating trade finance processes using blockchain technology.

Clearing & Post-Trade

HKEX Develops Blockchain Prototype for Northbound Trade Settlement

By Editors | 01/11/2018

HKEX will work with Digital Asset to introduce the first blockchain platform for financial services in Hong Kong, said Charles Li in a speech at Hong Kong Fintech Week.

Custody & Infrastructure

Japanese Banks Trial Blockchain-based Settlement for Small Transactions

By Editors | 31/10/2018

Nine banks will use Fujitsu technology to test the ability of a custom digital currency to achieve low-cost performance of real-time gross settlement for small-scale transactions.

Custody & Infrastructure

StanChart Becomes First Foreign Bank with Custody Licence in China

By Editors | 30/10/2018

The CSRC has granted Standard Chartered Bank a domestic fund custody licence, which until now has been reserved for local institutions.

Cryptocurrency

Chinese Arbitration Court Protects Bitcoin as ‘Property’

By Manesh Samtani | 29/10/2018

“Bitcoin has the nature of a property, which can be owned and controlled by parties, and is able to provide economic values and benefits,” the Court ruled.

Cryptocurrency

Japan Allows Self-Regulation Among Cryptocurrency Exchanges

By Garima Chitkara | 25/10/2018

The Japan Virtual Currency Exchange Association has been given a “certified fund settlement business association” accreditation, allowing it to make rules and police domestic exchanges.