Crypto exchange operators have all been instructed to provide details of their Russia-linked clients to the regulator.
March 17, 2022Digital Treasures Center enables merchants to accept crypto in payments. Hodlnaut offers cryptocurrency borrowing and lending services.
March 17, 2022Stablecoins must be treated as DPTs rather than e-money. A new notice specifies a risk warning that must be provided to all customers of DPT services.
March 16, 2022The compliance toolkits will provide regulated entities with a simple reference on the common applications, forms and submission requirements.
March 15, 2022Paxos will gain a DPT licence under the Payment Services Act. Sygnum will provide fund unit tokenisation and securitise NFTs and metaverse assets.
March 11, 2022Effective and efficient ESG risk management and reporting practices can be enabled through better data and technology, says Steven Yankelson.
March 9, 2022IMDA has begun onboarding banks and other organisations on the new system, which will prevent spoofed SMS text messages from being sent upfront.
March 8, 2022FIs that have relationships with the four banks must freeze their assets. DPT service providers are prohibited from facilitating sanctions evasion with crypto and NFTs.
March 7, 2022Alan Linning and Susanne Harris explain the new requirements and offer guidance on next steps for intermediaries to prepare for compliance by August.
March 2, 2022The Notices cover activities involving precious stones and metals, services and transactions involving digital payment tokens, and risk assessments on shell companies.
March 2, 2022