Payments & Settlements

    Reporting on regulatory developments, innovations, and risks in payment systems and settlement processes essential for the transfer of money and securities.

    Cryptocurrency

    BNM Paper Proposes Hybrid Shariah Framework for Modern Money

    By Manesh Samtani | 13/08/2025

    The exploratory academic paper on the nature of money was widely misinterpreted by crypto-focused news outlets as a central bank endorsement of specific private digital assets.

    Payments & Settlements

    South Korea, Vietnam Deepen Financial Ties with New Regulator Pacts

    By Sanday Chongo Kabange | 13/08/2025

    The agreements cover monetary policy and financial stability, part of a broader push to boost trade and energy cooperation.

    Structural Regulation

    Taiwan Finalises New Rules for Offshore Securities Unit Client Funds

    By Editors | 13/08/2025

    The amendments allow Offshore Securities Units to use qualified foreign custodians for client funds to boost international competitiveness.

    Stablecoins

    Korea's KCMI Calls for Bond Reforms to Support Stablecoin Market

    By Manesh Samtani | 12/08/2025

    KCMI report says a lack of short-term government bonds and restrictive laws are hindering plans for a local stablecoin.

    Payments & Settlements

    Indian Banks Propose Raising GST Threshold to Drive Digital Payments

    By Editors | 12/08/2025

    Lenders are advising policymakers to raise the GST registration threshold to prevent merchants from reverting to cash.

    Data Privacy

    Bank Indonesia Clarifies Scope of Upcoming 'Payment ID' Trial

    By Editors | 12/08/2025

    Bank Indonesia has clarified its new payment system is only a limited trial, as consumer advocates raise concerns over data privacy and citizens' rights.

    Payments & Settlements

    RBI Governor Addresses UPI Fee Speculation

    By Mark Johnston | 11/08/2025

    RBI Governor clarified that end-users will not necessarily pay for UPI, but stressed that a sustainable cost-recovery model is needed.

    Liquidity Risk

    RBI Panel Recommends Overhaul of Central Bank Liquidity Framework

    By Mark Johnston | 11/08/2025

    RBI panel recommends retaining call money rate as policy target and shifting to 14-day to 7-day operations to refine liquidity management.

    KYC & CDD

    BSP to Impose Biometric Checks, Daily Caps on Gambling Payments

    By Editors | 09/08/2025

    New rules will require banks and e-wallets to implement stricter identity verification, transaction limits, and other controls to mitigate gambling-related financial harm.

    Payments & Settlements

    Bangladesh Bank Shuts Down Binimoy Over Irregularities

    By Nithya Subramanian | 08/08/2025

    The central bank has discontinued the interoperable digital transaction platform, and is now working with US-based Mojaloop to launch a replacement this year.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.