Digital Assets

Stablecoins

South Korean Lawmakers Propose Stricter Stablecoin Rules

By Manesh Samtani | 18/06/2025

New “Digital Asset Innovation Act” proposes higher capital requirements for stablecoin issuers and the establishment of a new committee under the FSC.

Anti-Money Laundering

Singapore Bolsters Financial Crime Defences Ahead of FATF Review

By Manesh Samtani | 18/06/2025

Singapore is ramping up AML efforts amid rising fraud and scams, aiming for improved effectiveness ratings in the FATF assessment.

Cryptocurrency

Thailand Announces Five-Year Tax Exemption for Crypto Trading

By Sanday Chongo Kabange | 18/06/2025

Thailand waives capital gains and VAT on crypto transactions for five years to “stimulate the digital asset economy”.

Climate Risk

Tensions Flare Over US Climate Stance at FSB Meeting – Report

By Manesh Samtani | 18/06/2025

Disagreement over the urgency of climate-related financial risks sparked heated debate among global regulators in Madrid.

Custody & Infrastructure

BNM Launches Digital Asset Innovation Hub to Boost Fintech

By Nithya Subramanian | 18/06/2025

Simultaneously, the CFIL, a collaborative platform to develop new financial solutions for climate-related projects is “open for business”.

Cryptocurrency

HKMA Consults on New Return Templates for Reporting Cryptoassets

By Sanday Chongo Kabange | 17/06/2025

HKMA said the revised return templates will help guide system developments of banks as they prepare to implement the BCBS standard.

Custody & Infrastructure

Thailand SEC Consults on Digital Asset Custodian Capital Rules

By Sanday Chongo Kabange | 16/06/2025

The SEC is proposing to ease capital rules for digital asset custodians, while strengthening client asset safeguarding rules.

Anti-Money Laundering

HK Customs Working With HKU to Develop Crypto Tracing Tool

By Sanday Chongo Kabange | 16/06/2025

Hong Kong Customs has partnered with HKU to create a tool for tracing illicit activities involving cryptocurrencies.

Tokenisation

Thailand Cabinet Approves New Electronic Securities Bill

By Editors | 16/06/2025

The bill will make the entire securities trading process electronic, from recording and transferring data to collateral management.