Crypto / Digital Assets

Crypto / Digital Assets

HKMA Issues Guidance on Crypto Staking Services for Banks

By Sanday Chongo Kabange | 09/04/2025

Banks must implement adequate policies and controls before engaging in crypto staking services, HKMA said.

Crypto / Digital Assets

Euroclear Joins HKMA’s Tokenisation Initiative, Project Ensemble

By Editors | 09/04/2025

Euroclear is joining as an Architecture Community member. HKMA also welcomed six new firms to the Ensemble Sandbox.

Crypto / Digital Assets

Philippines Set to Simplify Access to Government Securities

By Mark Johnston | 09/04/2025

The popular GCash app will introduce a feature simplifying the process for Filipinos to invest in government bonds.

AML / KYC

HK Police Calls on FIs to “Embrace” Innovation in Fight Against Financial Crime

By Manesh Samtani | 09/04/2025

“Today’s threats demand tomorrow’s solutions,” said HKPF Director of Crime & Security Keith Yip, speaking at a joint HKMA-GCFFC event.

Crypto / Digital Assets

Korea: K Bank Submits Emergency Plan to FSS

By Thisanka Siripala | 08/04/2025

The FSS had requested the emergency plan amid concerns about the high concentration of funds related to Upbit deposited in K Bank.

Crypto / Digital Assets

Japan’s SMBC Establishes Agreement to Commercialise Stablecoin

By Thisanka Siripala | 08/04/2025

SMBC signed an MoU with TIS, Ava Labs and Fireblocks to develop a framework for stablecoin issuance and circulation.

Crypto / Digital Assets

SFC Permits VATPs to Offer Crypto Staking Services to Clients

By Manesh Samtani | 07/04/2025

VATPs can provide staking as a service to clients, including retail clients. SFC-authorised virtual asset funds can also stake virtual asset holdings.

Crypto / Digital Assets

Japan Amendments to Reclassify Crypto Expected in 2026

By Thisanka Siripala | 04/04/2025

The change would make trading in crypto based on insider information illegal, as is the case with stocks and other financial products.

Sanctions

OFAC Sanctions Two More Iran-Linked Circumvention Networks

By Manesh Samtani | 04/04/2025

A China-based motor manufacturer and a Hong Kong-based ship operator were included in the sanctions.