Fintech / Regtech

Fintech / Regtech

ANZ Launches First Bank-issued AUD Stablecoin

By Manesh Samtani | 24/03/2022

The stablecoin is expected to help investors avoid the costs and exchange rate risk associated with converting AUD into USD to trade in crypto markets.

Fintech / Regtech

FCA, BOE Offer New Guidance on Addressing Crypto Risk

By Editors | 24/03/2022

Cryptoassets should be classified as an intangible asset for accounting purposes, meaning that in most cases direct holdings should be fully deducted from CET1.

Fintech / Regtech

Singapore Working Group to Develop BNPL Framework

By Editors | 24/03/2022

The Singapore FinTech Association has formed a working group under MAS guidance to develop a BNPL framework for launch later this year.

Fintech / Regtech

Thailand Bans Use of Crypto as Means of Payments

By Editors | 24/03/2022

From 1 April, digital asset business operators are prohibited from enabling merchants to accept digital assets as a means of payment for goods or services.

Fintech / Regtech

Malaysia SC Registers Two IEO Platform Operators

By Editors | 24/03/2022

The Initial Exchange Offering platform operators are given nine months to comply with regulatory requirements before they can commence operations.

Crypto / Digital Assets

CBIRC Warns of Crypto and Metaverse Frauds at College Campuses

By Darien Choong | 23/03/2022

The CBIRC’s Beijing bureau warns that concepts such as the metaverse and blockchain are being used to defraud local college students.

Fintech / Regtech

BIS, Central Banks Complete Development of Multi-CBDC Prototypes

By Sanday Chongo Kabange | 23/03/2022

The initial phase of Project Dunbar has proved that the concept of multi-CBDCs is technically viable, says a new project report.

Fintech / Regtech

Malaysian Minister Calls for Adoption of Bitcoin as Legal Tender

By Editors | 23/03/2022

Deputy minister Zahidi Zainul Abidin says the government should consider adopting bitcoin and other cryptocurrencies as legal tender.

Crypto / Digital Assets

Australia Opens Consultation on Regulatory Regime for Crypto

By Manesh Samtani | 22/03/2022

The consultation proposes minimum standards of conduct, AML compliance obligations, and fit and proper requirements for directors and key persons.