Crypto / Digital Assets

    Fintech / Regtech

    Crypto Firms Should Not Advertise to Retail Customers: MAS

    By Mark Johnston | 18/01/2022

    New guidelines say crypto firms should refrain from advertising their services in public areas in Singapore or via social media influencers.

    AML / KYC

    KoFIU Unveils AML Supervision & Inspection Plan for 2022

    By Sanday Chongo Kabange | 18/01/2022

    KoFIU will begin inspections on VASPs, financial institutions, casinos and mutual finance companies starting February.

    Fintech / Regtech

    MAS Grants RMO Licence to Digital Asset Platform ECXX

    By Editors | 17/01/2022

    ECXX Global Pte Ltd entered Sandbox Express in August 2020 as a digital asset exchange platform providing investors access to security tokens.

    AML / KYC

    Crime Becoming Smaller Part of Crypto Ecosystem: Report

    By Manesh Samtani | 17/01/2022

    Chainalysis estimates that illicit wallet addresses received $14bn throughout 2021, but this represented just 0.15% of total transaction volumes in crypto during the year.

    Fintech / Regtech

    China State Planner Declares Cryptocurrency Mining Obsolete

    By Mark Johnston | 14/01/2022

    The NDRC said that measures to stamp out cryptocurrency mining are part of efforts to help achieve peak carbon and carbon neutrality targets on schedule.

    Crypto / Digital Assets

    Thai Stock Exchange Unveils Three-Year Strategic Plan

    By Mark Johnston | 14/01/2022

    The SET will launch a new exchange for fundraising by SMEs and startups within in Q1, and a new digital asset exchange in Q3.

    Crypto / Digital Assets

    BIS, SNB, SIX Complete wCBDC Integration Test with Bank Systems

    By Editors | 13/01/2022

    In the second phase of Project Helvetia, a wholesale CBDC was used to test settlement of interbank, monetary policy and cross-border transactions with banking systems.

    Fintech / Regtech

    Thailand Taxation Rules for Crypto to be Ready Soon

    By Mark Johnston | 13/01/2022

    A 15% capital gains tax will be applied to investors as well as operators of crypto mining facilities, but not crypto exchanges.

    Fintech / Regtech

    HKMA to Introduce Regulatory Framework for Stablecoins

    By Mark Johnston | 13/01/2022

    Only Hong Kong incorporated entities licensed by the HKMA would be allowed to actively market stablecoins to the local public.

    Crypto / Digital Assets

    Former CFTC Chair Calls for Dedicated US Crypto Regulator

    By Sanday Chongo Kabange | 09/01/2022

    Such a bureau would have its own authorisation and financing, and adopt the mandates of both the CFTC and SEC, said J. Christopher Giancarlo.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.