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Crypto / Digital Assets
Crypto / Digital Assets
Taiwan Considers Platform Design for Possible Future CBDC
By Editors | 08/12/2023
Taiwan’s central bank has completed a wholesale CBDC feasibility and technology study but has not yet decided whether to introduce a CBDC.
Capital / Liquidity
BCBS Says it Will Launch Three New Consultations
By Manesh Samtani | 08/12/2023
The consultations will deal with the standards for crypto assets, interest rate risk in the banking book, and window-dressing by G-SIBs.
Crypto / Digital Assets
Singapore, China Announce New Bilateral Cooperation Agreements
By Manesh Samtani | 08/12/2023
The agreements include a cross-border e-CNY pilot, a possible PayNow-UnionPay linkage, and an MoU between SGX and GFEX.
Crypto / Digital Assets
Solomon Islands Central Bank Starts Testing CBDC
By Editors | 08/12/2023
The central bank is testing the CBDC for retail transactions, P2P transfers, interbank transactions, and cross-border payments.
Crypto / Digital Assets
Japan Prepares to Relax Crypto Taxation Policies
By Editors | 08/12/2023
The reforms will allow corporations to hold crypto assets without being taxed on unrealised gains at the end of each year.
Crypto / Digital Assets
US Authorities Secure Guilty Plea from Crypto Founder
By Editors | 07/12/2023
Anatoly Legkodymov pleaded guilty to operating Hong Kong-registered Bitzlato as a money transmitting business that allowed criminals to launder illicit proceeds.
Uncategorised
HK SFC Adds Two New Suspicious VATPs on Alert List
By Sanday Chongo Kabange | 07/12/2023
The SFC has warned the public to be wary of two suspicious VATPs – HongKongDAO and BitCuped – and asked the police to block them.
Crypto / Digital Assets
Korea & Italy to Cooperate on RTGS Systems & CBDC
By Editors | 07/12/2023
Bank of Korea and Bank of Italy will share skills and knowledge and cooperate on technologies that support RTGS systems and CBDC.
Crypto / Digital Assets
SocGen Becomes First Major Bank to List Stablecoin
By Editors | 07/12/2023
The euro-pegged stablecoin was listed on crypto exchange Bitstamp, which has licences in Luxembourg and France.
AML / KYC
KoFIU, DAXA Target Unlicensed Crypto Firms With New Initiative
By Editors | 06/12/2023
The public can report unlicensed crypto exchanges to DAXA, which will review the reports and then pass them to KoFIU for further action.
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