The inspections will prioritise high-volume crypto businesses with high money laundering risks. The disclosure system will cover issuance, listing and circulation.
February 7, 2023ASIC said BPS Financial engaged in unlicensed conduct and made false, misleading or deceptive representations about a crypto token called Qoin.
October 26, 2022Crypto firms are directed to freeze assets of targets listed under the Consolidated List and report suspected sanctions breaches to the OFSI.
September 8, 2022European Commission has not shown cause for anti-trust allegations as consumers strongly support Apple payment technology, writes Peter Guy.
May 5, 2022The framework would require intermediaries to identify their customers and their tax jurisdictions, and then report their aggregate transaction values annually.
March 28, 2022The applications will be processed within three months, following which approved exchanges will be subject to AML rules announced in March.
September 26, 2021Central bank staff are working with software engineers to simulate how transactions would be made with a CBDC, known as "govcoin".
June 28, 2021The next phase of technical testing will explore the feasibility of using the digital yuan in cross-border payments.
May 15, 2021Following months of intense lobbying by e-wallet providers, the RBI has extended the deadline for completion of KYC processes by six months.
February 27, 2019