The inspections will prioritise high-volume crypto businesses with high money laundering risks. The disclosure system will cover issuance, listing and circulation.
February 7, 2023Under the guidelines, the issuer must be an ASEAN Issuer or a non-ASEAN issuer with KPIs linked to an ASEAN member country.
February 7, 2023Stablecoins must be fully backed, redemption at par must be available at all times, and issuers must be licenced. Algorithmic stablecoins will not be accepted.
February 1, 2023The consultation paper covers access, issuance, redemption, funds transfer, technical aspects and implications for the financial system.
February 1, 2023The guidelines include templates firms can use to apply for permission to operate DLT market infrastructure under the EU's DLT Pilot Regulation.
December 23, 2022BOK tested the use of its CBDC system to purchase NFTs, perform cross-border remittances, fulfill seizure orders, and automate AML/CFT monitoring and STR filings.
November 8, 2022The Bank of Thailand said the new blockchain-based system has passed its regulatory sandbox process after being tested by 18 commercial banks.
October 31, 2022The mBridge project team will continue working to get to a minimum viable product that can be used by early adopters next year.
October 27, 2022Project Genesis 2.0 prototypes provided investors real-time transparency on the environmental impact of the use of proceeds from green bonds.
October 25, 2022Four state-owned banks have been asked to help manage Saigon Commercial Bank after it experienced a bank run.
October 20, 2022