ADVERTISEMENT
AML / KYC
Japan Crypto Industry to Adopt Travel Rule by April 2022
By Sanday Chongo Kabange | 07/04/2021
The FSA has written to the JVCEA advising it to start preparing for the implementation of the travel rule in Japan’s crypto industry.
Crypto / Digital Assets
PBOC Proposes Global Rules for CBDC Monitoring, Data Sharing
By Sanday Chongo Kabange | 01/04/2021
The PBOC suggests CBDC systems of different jurisdictions should be interoperable for monitoring and information sharing.
Crypto / Digital Assets
India MCA Directs Companies to Disclose Crypto Dealings
By Editors | 01/04/2021
Companies are required to disclose their cryptocurrency dealings as well as profits and losses on these transactions in their financial statements.
AML / KYC
MAS Offers New AML/CFT Guidance for VASPs
By Editors | 28/03/2021
MAS has identified several VASPs that have not come forward for licensing despite operating in Singapore or soliciting business from Singapore residents.
Crypto / Digital Assets
CFTC Penalises Coinbase for False Reporting, Wash Trading
By Editors | 23/03/2021
The settlement requires Coinbase to pay $6.5mn, and desist from any further violations of the Commodity Exchange Act or CFTC regulations.
Fintech / Regtech
BSP, PDAX to Cooperate on Crypto-and-Fintech Regulatory Sandbox
By Editors | 23/03/2021
A crypto-and-fintech regulatory sandbox will boost innovation and technological advancement in financial services, while also increasing public participation in these markets.
AML / KYC
Korea’s New AML Law for VASPs Set to Take Effect
By Sanday Chongo Kabange | 22/03/2021
From 25 March, VASPs will have six months to register with KoFIU, and must start report suspicious transactions. The travel rule will apply one year later.
AML / KYC
FATF Seeks Stakeholder Views on Updated VASP Guidance
By Editors | 21/03/2021
Views are sought from academics, policy bodies, VASPs, technology developers and providers, other regulated entities such as banks, and authorities.
AML / KYC
China: 13 Arrested for Using Crypto to Launder Fraud Proceeds
By Editors | 21/03/2021
The suspects confessed to laundering proceeds from telecoms fraud using Tether, before withdrawing the funds to transfer overseas.
Crypto / Digital Assets
Australia to Expand Scope, Length of Fintech Select Committee
By Editors | 18/03/2021
The FinTech Select Committee’s mandate has been extended from an April deadline to October 2021. A report on its work programme is expected in April.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team