Several Tier 1 banks are participating in POCs to test the Universal Digital Payment Network (UDPN) for cross-border transfers and swaps.
January 27, 2023Angela Ang looks back at digital asset developments in 2022 in Singapore, and ahead to what to expect in 2023.
January 18, 2023The settlement includes a $50mn penalty and a commitment by Coinbase to invest a further $50mn in its compliance programme over the next two years.
January 5, 2023The revisions will allow Japanese authorities to criminally punish crypto firms that do not comply with the Travel Rule.
December 7, 2022Up to 20 percent of terrorist attacks are seen as crypto-financed or linked to digital assets, compared to just 5 percent a couple of years ago.
November 4, 2022Crypto tokens will reportedly be able to list within 30 days. Currently, the screening process for a new listing takes around six months to a year.
October 24, 2022Crypto exchanges will be obliged to share information on users and screen customers against sanctions lists.
October 18, 2022The FSA plans to submit amendments to the Act on Prevention of Transfer of Criminal Proceeds to a parliamentary session next week.
September 29, 2022The FCA approved 35 crypto firms out of 273 that applied for registration with the FCA under AML regulations.
July 27, 2022More than 15 million crypto addresses have been linked to criminal activity with a nexus in Russia, a new GDF report says.
July 7, 2022