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Anti-Money Laundering
Singapore: Man Charged Over Unlicensed Cross-Border Transfers
By Nithya Subramanian | 08/12/2025
A 33-year-old former company director faces charges for allegedly using Wise and crypto platforms to scam proceeds without a valid payment services licence.
Payments & Settlements
Russian Banks Seeking RBI Approval to Expand Footprint in India
By Nithya Subramanian | 08/12/2025
Gazprombank and Alfa Bank seek RBI approval as the leaders of both countries agree to develop bilateral payment systems and expand trade.

CBDCs
Chinese Bank Issues First Blockchain Bond Using e-CNY for Settlement
By Mark Johnston | 08/12/2025
Hua Xia Bank subsidiary completes issuance exclusively using CBDC, aiming to streamline settlement and reduce intermediaries.

CBDCs
Taiwan Central Bank Offers Update on CBDC, Stablecoin Rules
By Manesh Samtani | 05/12/2025
Central bank governor outlines plans for a new virtual asset law and details progress on a wholesale CBDC for settling tokenised assets.

Stablecoins
Taiwan Outlines Stablecoin Rules for 2026 Launch
By Sanday Chongo Kabange | 05/12/2025
Taiwan’s proposed framework, modelled on the EU's MiCA, will require full reserve backing and initially permit only banks to issue.

Stablecoins
IMF Urges Global Cooperation on Stablecoins to Avert Risks
By Manesh Samtani | 05/12/2025
New paper highlights risks of currency substitution and capital flow volatility, urging a collaborative approach to avoid fragmented regulation.

Anti-Money Laundering
Thailand Freezes Over $300M in Assets Linked to Transnational Scam Groups
By Manesh Samtani | 04/12/2025
The action targeted securities and bank accounts linked to several interconnected networks, including Cambodia's Prince Group.

Structural Regulation
Korea Forms New Advisory Committee to Attract Foreign Capital
By Mark Johnston | 04/12/2025
Deputy PM Koo Yoon-chul said the government aims to create an environment that supports greater inflows of foreign investment funds.

Anti-Money Laundering
Sanctioned Huione Pay Halts Operations Amid Run on Funds
By Nithya Subramanian | 04/12/2025
Cambodia’s Huione Pay has frozen withdrawals and closed branches after international sanctions sparked a cash crunch and mass customer withdrawals.

Cryptocurrency
Japan Backs Plan for 20% Crypto Tax, Aligning Rules With Securities
By Manesh Samtani | 03/12/2025
The proposal would cut the maximum tax rate from 55% and reclassify digital assets as financial products under existing law.
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