Digital Assets

CBDCs

China, UAE Deepen Financial Ties with CBDC Payment, System Interlinking

By Mark Johnston | 25/11/2025

The two nations launched the mBridge CBDC platform, linked instant payment systems, and introduced a co-branded prepaid card.

Emerging Prudential Risks

RBI Governor: Proportionate Framework is Cornerstone of Financial Regulation

By Nithya Subramanian | 25/11/2025

RBI Governor Sanjay Malhotra outlined a risk-sensitive, hybrid regulatory framework, stressing financial stability as the central bank’s “north star".

Sustainable Finance

G20 Targets Debt, Regulation, and Climate Finance Gap

By Manesh Samtani | 25/11/2025

G20 communique outlines a comprehensive financial agenda, including MDB reform, crypto-asset regulation, and a USD 5.9 trillion funding need for developing nations' climate goals.

CBDCs

Macau to Use “Whitelisting” Approach for Digital Pataca Sandbox Testing

By Mark Johnston | 24/11/2025

Secretary of Economy and Finance confirms the digital currency system will be finalised this year, with risk-managed testing to follow.

Cryptocurrency

Pakistan Orders Removal of Hurdles for New Crypto Regulator

By Mark Johnston | 24/11/2025

Finance Minister Muhammad Aurangzeb demands removal of bottlenecks for the new virtual asset authority, while Chairman Bilal Bin Saqib joins WEF digital asset committee.

Stablecoins

Ronin and Coins.ph to Seek Approval for Stablecoin Payments in Philippines

By Sanday Chongo Kabange | 24/11/2025

The partnership between Coins.ph and Ronin aims to make the PHPC stablecoin spendable at 600,000 merchants via the national QR network, pending BSP authorisation.

Cryptocurrency

South Korea's Naver Seeks Approval to Acquire Dunamu, Upbit

By Mark Johnston | 24/11/2025

The tech giant is seeking regulatory clearance to acquire Dunamu via an equity swap, and to integrate Korea's largest crypto exchange with its digital payments infrastructure.

Cryptocurrency

Vanuatu Establishes Regulatory Regime for Virtual Assets

By Sanday Chongo Kabange | 22/11/2025

The VFSC has launched a new licensing regime for VASPs, mandating compliance with global AML/CFT standards.

Emerging Prudential Risks

FSB Chair Urges Jurisdictions to Accelerate Reforms

By Nithya Subramanian | 21/11/2025

The FSB chair has warned G20 leaders that non-bank finance, weak reforms and slow cross-border payment progress pose growing stability risks.