Markets & Infrastructure

Cryptocurrency

ASIC Licenses Crypto Firm Block Earner Despite Ongoing Court Battle

By Sanday Chongo Kabange | 22/05/2026

ASIC has granted a crypto firm its first credit licence, even as it continues to sue the company in the nation's highest court over a separate product.

Clearing & Post-Trade

SEBI Proposes Scrapping Centralised Hub for Institutional Trades

By Nithya Subramanian | 22/05/2026

The proposal aims to replace the two-decade-old centralised system with a decentralised API-based model to reduce concentration risk, costs, and processing delays.

Conduct, Culture & Accountability

Korea Targets Leveraged ETFs, ‘Finfluencers’ in Consumer Protection Push

By Sanday Chongo Kabange | 21/05/2026

The regulator has voiced concerns over retail speculation and market volatility, unveiling pre-emptive measures for securities, insurance, and social media influencers.

Stablecoins

Kalshi, Polymarket Continue Accepting Indian Customers Despite Ban

By Nithya Subramanian | 21/05/2026

The platforms are onboarding Indian users despite a new law banning 'online money games' and a specific warning from MeitY.

Conduct, Culture & Accountability

FMA Sets Out Expectations for New Zealand Insurance Act

By Sanday Chongo Kabange | 21/05/2026

New Zealand’s financial regulator has warned insurers to begin preparations now for the new Contracts of Insurance Act, which comes into force in November 2027.

Market Data & Technology

SFC Mandates Firms to Participate in Rehearsal for HKEX Network Upgrade

By Sanday Chongo Kabange | 21/05/2026

Regulators are requiring exchange participants to test a significant network overhaul, with a focus on operational readiness and investor ID systems.

Cryptocurrency

Japan's SBI and Rakuten Preparing to Introduce Crypto Investment Trusts

By Nithya Subramanian | 21/05/2026

SBI and Rakuten are developing bitcoin and ethereum investment trusts, with the FSA planning a new regulatory framework by 2028.

Clearing & Post-Trade

HKEX’s OTC Clear to Enhance Member Reporting and Risk Tools

By Editors | 21/05/2026

OTC Clear is rolling out new margin simulation reports and changing how it notifies members of intra-day margin limits.

AI Risk & Governance

IOSCO Approves New AI and Market Structure Reports

By Editors | 21/05/2026

IOSCO re-elects its chair and sets its workplan, which includes forthcoming reports on AI, market liquidity, and fund valuations.