All posts tagged "stablecoins"
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89AML / KYCStablecoins Increasingly Used in Money Laundering, PBOC Says
PBOC governor Fan Yifei says stablecoins are increasingly being used as a tool for illegal activities and money laundering.
July 12, 2021 -
91Australia & NZRBNZ to Consult on Potential CBDC Issuance
The RBNZ plans to consult on broad concepts of money and cash stewardship, the potential for a CBDC, and issues arising from crypto assets and stablecoins.
July 8, 2021 -
154EuropeUK, Singapore Commit to Deepening Regulatory Cooperation
Officials agree to explore cross-border financial regulation, carbon market trading linkages, and collaboration opportunities via their BIS Innovation Hub centres.
July 1, 2021 -
61Australia & NZAustralian Regulators Flag Concerns Over Household Debt Risks
APRA has written to large banks seeking assurances that lending standards are being maintained to prevent a buildup of risk in housing loan portfolios.
June 25, 2021 -
139Fintech / RegtechTask Force Created to Align Digital Token Identifier With ISIN
The task force is a joint collaboration between Etrading Software, the registration authority for the new ISO standard for DTIs, and ANNA.
June 12, 2021 -
325Capital RegulationBCBS Consults on Prudential Treatment of Cryptoasset Exposures
Bitcoin and other “Group 2 cryptoassets” will be subject to a 1250% risk weight to avoid exposing bank depositors and creditors to a loss.
June 11, 2021 -
114Big PictureBOE Issues Paper Exploring New Forms of Digital Money
The BOE seeks feedback on the discussion paper as it examines how CBDCs and stablecoins could impact the financial system and wider economy.
June 9, 2021 -
185Fintech / RegtechG7 Leaders Pledge to Develop Common Principles for CBDCs
CBDCs should operate within appropriate privacy frameworks and minimise spillovers, the G7 Finance Ministers said in a communique.
June 8, 2021 -
616AML / KYCHong Kong’s Proposed Licensing Regime for VASPs
Dechert partner Michael Wong looks at the potential impact of Hong Kong’s newly proposed licensing regime for virtual asset service providers.
June 7, 2021 -
233InternationalG20 to Use All Available Policy Tools for As Long As Required
G20 Finance Ministers and Central Bank Governors committed to avoiding any premature withdrawal of Covid-19 support measures, in line with the FSB’s recommendations.
April 12, 2021
