Digital Assets

    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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