Crypto / Digital Assets

AML / KYC

US and Singapore Banks Being Used to Launder Scam Proceeds – Report

By Nithya Subramanian | 02/07/2025

Questions are being raised on whether banks are doing enough to detect suspicious activity and prevent abuse.

Crypto / Digital Assets

BOK Pauses Retail CBDC Pilot as Banks Push Into Stablecoins

By Manesh Samtani | 01/07/2025

BOK will halt its 100,000-user pilot, citing high costs and a government-backed push for private sector stablecoins.

Crypto / Digital Assets

SC Malaysia Consults on Overhauling Digital Asset Exchange Rules

By Nithya Subramanian | 01/07/2025

SC proposes tighter asset safeguards, higher capital requirements, and a faster listing process for regulated digital asset exchanges.

AML / KYC

Hong Kong Consults on Virtual Asset Rules for OTC Dealing and Custodians

By Sanday Chongo Kabange | 30/06/2025

FSTB and SFC are consulting on virtual asset regulatory regimes for OTC trading services and custodian services.

Fintech / Regtech

KSD Launches Testbed Platform for Security Tokens

By Nithya Subramanian | 30/06/2025

KSD plans to transition the testbed into a fully operational platform in tandem with the upcoming security token legislation.

Crypto / Digital Assets

Hong Kong Unveils Second Policy Statement on Digital Assets Development

By Sanday Chongo Kabange | 27/06/2025

The latest policy statement on digital assets development introduces the so-called "LEAP" framework and builds on the 2022 policy.

Crypto / Digital Assets

South Korea Seizes Cryptocurrency from Unregistered Exchanges

By Editors | 27/06/2025

South Korean authorities seized KRW 4.5 billion in cryptocurrency from unregistered exchanges in a crackdown on illicit activities.

Crypto / Digital Assets

FATF Calls on Jurisdictions to Bolster Efforts on Crypto Supervision

By Manesh Samtani | 27/06/2025

FATF issued its latest progress report on the implementation of AML/CFT measures for virtual assets and a best practice paper for Travel Rule implementation.

Crypto / Digital Assets

Hong Kong Issues Second Policy Statement on Digital Assets

By Sanday Chongo Kabange | 27/06/2025

The new policy statement introduces the “LEAP” framework, building on the first policy statement issued in October 2022.