Crypto / Digital Assets

Crypto / Digital Assets

Japan to Switch Bitcoin Status from Commodity to Currency

By Samuel Riding | 24/02/2016

Change will allow Bitcoin as a form of payment, exchange for legal tender.

Crypto / Digital Assets

Swift Seeks Regulatory Unity on Cryptocurrencies

By Samuel Riding | 24/11/2015

Payment service network’s research platform suggests regulatory uncertainty is hindering AML and CTF efforts.

Crypto / Digital Assets

Japan to Revamp Oversight of Virtual Currencies

By Samuel Riding | 18/11/2015

FSA invites operators of virtual currency exchanges to share knowledge and come up with ideas for regulation.

Crypto / Digital Assets

Aussie Banks Force Bitcoin Operators Out of Business

By Editors | 25/09/2015

Australia’s major banks are closing accounts of bitcoin companies, citing compliance risks resulting from tougher anti-money laundering and counter-terrorism financing rules.

Crypto / Digital Assets

Why Blockchain will Disrupt Banking: 7 Questions Banks in Asia are Asking

By Editors | 15/09/2015

Blockchain technology has not only interested the banks but regulators and market participants.

Crypto / Digital Assets

RBI Calls for Regulation of “Disruptive” Financial Innovation

By Editors | 28/08/2015

RBI Deputy Governor SS Mundra is calling for tighter regulatory frameworks around peer-to-peer (P2P) lending, internet-only banks, crowd funding platforms and cryptocurrency.

Crypto / Digital Assets

Aussie Banks Test Digital Currency Ripple as New Payments Technology

By Editors | 19/06/2015

ANZ Bank and Westpac have joined Commonwealth Bank in testing new payments technology from US-based group Ripple Labs, representing a possible transformation of the payments industry.

Crypto / Digital Assets

Japan’s Financial Authorities Refuse to Intervene in Bitcoin Case

By Editors | 25/02/2014

Japanese financial authorities decline to take responsibility for the crypto-currency.

Crypto / Digital Assets

Bitcoin Resumes Trade in Thailand As Central Bank Softens Stance on Virtual Currency

By Editors | 17/02/2014

Bitcoin Co resumed operations in Thailand after the central bank said the cryptocurrency does not fall under the regulation of the Ministry of Finance.