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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.
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.
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.
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.
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.
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.
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.
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.
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.
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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