Crypto / Digital Assets

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    Crypto / Digital Assets

    UK Confirms Plans to Implement New Rules for Crypto, Stablecoin

    By Editors | 31/10/2023

    Treasury says the government aims to have legislation for the new regime before Parliament in 2024.

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    Crypto / Digital Assets

    ANNA Issues First Set of ISINs for Crypto Assets

    By Manesh Samtani | 31/10/2023

    Crypto assets with a registered DTI can now also be issued an ISIN. Currently, there are already 108 ISIN–DTI pairs.

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    Crypto / Digital Assets

    UnionBank Becomes First Philippine Bank to Obtain VASP Licence

    By Editors | 31/10/2023

    The bank said it will use the new licence to expand its offerings and provide clients a broader range of financial services powered by blockchain.

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    AML / KYC

    Elliptic Corrects Media and US Senator over Reporting on Hamas Crypto Funding

    By Editors | 31/10/2023

    Blockchain analytics firm says the WSJ and Senator Elizabeth Warren misrepresented its research in overstating the funding Hamas received through cryptocurrency.

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    Crypto / Digital Assets

    MAS Establishes Project Guardian Policymaker Group

    By Editors | 30/10/2023

    MAS will work with Japan’s FSA, the UK’s FCA and Switzerland’s FINMA to advance the development of tokenised digital assets.

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    Crypto / Digital Assets

    HKMA Unveils Findings from 1st Phase of e-HKD Pilot

    By Manesh Samtani | 30/10/2023

    Another pilot will take place next year, potentially exploring corporate payments, cross-border payments, and blockchain interoperability.

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    Crypto / Digital Assets

    Taiwan Lawmakers Introduce Bill to Regulate Crypto Sector

    By Editors | 30/10/2023

    The bill will introduce a licensing system for crypto firms, along with requirements to segregate client assets and protect customer funds.

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    Crypto / Digital Assets

    OFAC Targets Hamas Finances With New Sanctions

    By Editors | 30/10/2023

    The new designations underscore the “critical role Iran plays” in providing support to Hamas, said deputy Treasury secretary Wally Adeyemo.

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    Crypto / Digital Assets

    BIS Publishes Design Guide for Offline CBDC Payments

    By Editors | 30/10/2023

    The report says the complexity of developing offline payment capabilities for CBDC systems means some challenges and trade-offs cannot be solved easily.

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    Crypto / Digital Assets

    Indian Banks Offering Incentives to Boost CBDC Use – Report

    By Ajoy K Das | 28/10/2023

    Participating banks funding incentives to promote e-rupee usage in response to pressure from the RBI.

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