Crypto / Digital Assets

Crypto / Digital Assets

Philippines Set to Issue Maiden Tokenised Treasury Bonds

By Mark Johnston | 17/11/2023

The Philippines will issue the country’s first tokenised treasury bonds next week, available in PHP 10 million denominations.

Crypto / Digital Assets

ATO Updates Guidance on Crypto Capital Gains Tax

By Editors | 16/11/2023

Capital gains tax applies to transactions involving wrapped tokens, DeFi lending and borrowing arrangements, liquidity pools, and DeFi reward payments.

Crypto / Digital Assets

MAS Unveils Digital Money Blueprint, Plans for Wholesale CBDC

By Manesh Samtani | 16/11/2023

Four new digital money trials will commence with industry players, and MAS will pilot the “live” issuance of wholesale CBDCs for the first time next year.

Crypto / Digital Assets

NYDFS Finalises Enhanced Requirements for Crypto Token Listings

By Editors | 16/11/2023

New guidance enhances the risk assessment standards in coin-listing policies and requires licensees to also develop coin-delisting policies.

Crypto / Digital Assets

MAS Allows Three Firms to Issue Stablecoins

By Nithya Subramanian | 16/11/2023

The central bank is piloting the live issuance of wholesale CBDCs to instantaneously settle payments across commercial banks.

Crypto / Digital Assets

IOSCO Finalises Policy Recommendations for Crypto Markets

By Manesh Samtani | 16/11/2023

The recommendations cover six key areas, consistent with IOSCO’s Principles and associated standards for securities markets regulation.

AML / KYC

Taiwan Crypto Exchange Caught in Money Laundering Probe

By Editors | 16/11/2023

Crypto exchange Bitgin is under investigation and its chief operating officer has been arrested for his alleged ties to a money laundering network.

Crypto / Digital Assets

MAS Launches New Tokenisation Initiatives Under Project Guardian

By Editors | 16/11/2023

Five new industry pilots have been initiated. A new funds workstream and new digital infrastructure initiatives being launched.

Capital / Liquidity

FSB Outlines 2024 Work Priorities, Cites Financial Stability Concerns

By Editors | 16/11/2023

FSB discussed “pockets of remaining banking-sector vulnerabilities” and ongoing work to implement the regulatory framework for crypto and stablecoins.