ADVERTISEMENT
Big Picture
New Mediums of Exchange Will Add to HK’s GDP: Report
By Manesh Samtani | 25/03/2024
BCG, DLA Piper, HKT Payment Limited, paywith.glass, VSFG and ZA Bank say CBDC, tokenised deposits and stablecoins will add HK$160bn to Hong Kong’s GDP by 2032.
Securities / Derivatives
Japan GPIF Considers Diversifying Holdings Into Forests and Bitcoin
By Editors | 22/03/2024
World’s largest pension fund seeking information on investing in forests, farmland, gold, and crypto-assets; plans to resume foreign stock lending.
Enforcement
London Court Convicts Chinese Woman in Bitcoin Laundering Case
By Mark Johnston | 22/03/2024
A London court has found a 42-year-old woman guilty of laundering bitcoin linked to an alleged $6.3bn investment fraud.
Crypto / Digital Assets
US SEC Seeking Information About Ethereum Foundation – Reports
By Editors | 22/03/2024
The SEC has issued subpoenas to companies asking about their dealings with the foundation, purportedly in relation to the possible classification of Ethereum as a security.
Crypto / Digital Assets
Hong Kong: Prototype Created to Issue Electronic Bills of Lading
By Manesh Samtani | 21/03/2024
The eBL prototype, developed by GSBN and Ant Group, is being used in the HKMA’s wholesale CBDC sandbox project.
Crypto / Digital Assets
OECD Assesses DeFi’s Role in ASEAN to Promote Financial Inclusion
By Manesh Samtani | 20/03/2024
Innovation associated with DeFi, provided in a regulated and compliant form, could offer possible financial inclusion benefits such as in MSME financing.
Crypto / Digital Assets
ECB Establishes Seven New Digital Euro Rulebook Workstreams
By Editors | 20/03/2024
The workstreams are aimed at developing rulebook proposals covering UX standards, a certification and approval framework, risk management, and implementation specifications.
Crypto / Digital Assets
Korea’s Cabinet Passes Amendment to Enhance VASP Oversight
By Mark Johnston | 20/03/2024
Banks that can open real-name accounts for VASPs will also have new obligations on governance, personnel and physical facilities.
Crypto / Digital Assets
Grab Introduces Crypto Payments for Singapore Customers
By Ranamita Chakraborty | 20/03/2024
Grab’s new partnership with payments provider Triple-A allows it to offer wallet top-up option using Bitcoin, Ether, XSGD, USDC, and USDT.
Crypto / Digital Assets
US SEC Secures $21m Settlement from Crypto Lender Genesis
By Editors | 20/03/2024
Genesis will only have to pay the civil penalty after all allowed claims in its bankruptcy are settled, including claims by Gemini Earn investors.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team