Digital Assets

Tokenisation

Thailand Finalises Regulatory Framework for Government Digital Tokens

By Sanday Chongo Kabange | 25/07/2025

New rules exempt government-issued tokens from standard offering requirements and create licensing carve-outs for securities and digital asset firms.

Cryptocurrency

Australian Court Rejects ASIC's Appeal in ‘Finder Earn’ Crypto Case

By Sanday Chongo Kabange | 25/07/2025

ASIC says the court’s decision highlights challenges in applying Australia’s existing financial services laws to crypto-asset products

Stablecoins

South Korea Moves to Legalise Won-Based Stablecoins

By Nithya Subramanian | 25/07/2025

Lawmakers have introduced bills to enable Korean won-pegged stablecoins, regulate digital assets, and counter growing dominance of US dollar-backed equivalents.

Payments & Settlements

PayPal Partners With India UPI and China Tenpay on Cross-border Payments

By Nithya Subramanian | 25/07/2025

New platform aims to simplify cross-border payments for nearly two billion users. NPCI's Ritesh Shukla said the initiative will significantly expand UPI’s global footprint.

Anti-Money Laundering

Sri Lanka to Start Registering Crypto Firms Ahead of FATF Review

By Duruthu E Chandrasekera | 24/07/2025

The move, driven by an upcoming FATF evaluation, will require VASP registration, but the CBSL stresses it is not legalisation.

Cryptocurrency

Korea FSS Directs ETFs to Cut Crypto Stock Exposure

By Manesh Samtani | 24/07/2025

The FSS has told asset managers to limit holdings in firms like Coinbase and MicroStrategy, citing a 2017 policy.

Cloud & Infrastructure

Industry Majors Release Draft Framework for Public Blockchain Risk

By Manesh Samtani | 24/07/2025

A coalition including DTCC, Euroclear and major banks has launched a framework to help regulated firms manage non-financial risks on public blockchains.

PEPs & Sanctions

UK OFSI Publishes Threat Assessment on Crypto Sector

By Nithya Subramanian | 24/07/2025

The report finds that crypto firms are likely under-reporting sanctions breaches and remain vulnerable to illicit flows from designated entities in Russia, North Korea and Iran.

Stablecoins

HKMA Warns of 'Frothiness' in Stablecoin Market, Signals Strict AML Rules

By Sanday Chongo Kabange | 24/07/2025

The HKMA will grant only a handful of stablecoin issuer licences initially and impose stringent AML rules amid concerns over market speculation.