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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.
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.
Crypto / Digital Assets
CBDCs Gain Clout as Medium of Exchange as More Banks Give Buy-in
By Georgina Lee | 27/10/2023
Ripple’s Ross Edwards and Fubon’s Rockson Hsu talk about the benefits of CBDCs as they explore use cases for HKMA’s e-HKD.
Crypto / Digital Assets
Hong Kong Sets Template for Rules on Ring-fencing Crypto Risks
By Georgina Lee | 26/10/2023
Panellists at the Ripple x Metaco Hong Kong Policy Summit discussed the evolution of Hong Kong’s regulatory framework for crypto assets.
Crypto / Digital Assets
UK FCA Identifies Three Common Issues with Crypto Marketing
By Sanday Chongo Kabange | 26/10/2023
The FCA expects firms authorised to approve financial promotions of cryptoasset firms to take their regulatory obligations seriously.
Crypto / Digital Assets
Regulatory Responses to This Year’s Bank Failures
By Sebastian Sohn | 26/10/2023
Sebastian Sohn discusses the lessons learned from bank failures this year and the supervisory and regulatory changes we can expect as a result.
Crypto / Digital Assets
Asia Braces for Wave of AI Regulations
By Blake Evans-Pritchard | 25/10/2023
The EU AI Act is likely to have far-reaching consequences for Asia, data experts tell Regulation Asia.
Crypto / Digital Assets
Euroclear Launches DLT-based Digital Securities Issuance Service
By Editors | 25/10/2023
The inaugural Digitally Native Notes were issued by the World Bank on LuxSE, raising €100mn to finance sustainable development activities.
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