Crypto / Digital Assets

Crypto / Digital Assets

BIS Innovation Hub Announces G20 TechSprint Winners

By Editors | 07/10/2020

FNA won the dynamic information-sharing category; Tookitaki won in the monitoring and surveillance category; ISDA and REGnosys won the regulatory reporting category.

Fintech / Regtech

ISDA, Digital Asset Launch CDM Clearing Pilot Using DAML

By Editors | 06/10/2020

Deploying the Common Domain Model for clearing using DAML will increase standardisation and operational efficiency across the entire clearing lifecycle.

Crypto / Digital Assets

Malaysian MSMEs Cross MYR 1bn Crowdfunding Mark

By Sanday Chongo Kabange | 06/10/2020

The SC highlighted a “considerable increase” in investor participation in markets via digital investment managers, ECF and P2P platforms, digital asset exchanges and online brokers.

AML / KYC

BitMEX Founders Charged for Evading AML Requirements

By Editors | 03/10/2020

Four individuals were charged for “willfully” failing to establish, implement, and maintain an adequate AML programme that included a KYC component.

AML / KYC

FATF Upgrades China on Three Recommendations in Follow-up

By Manesh Samtani | 01/10/2020

This is to reflect progress on regulating online lending, guidance issued to online lending and other DNFBP sectors, and China’s prohibition on virtual asset activities.

AML / KYC

BSP Set to Issue Revised Rules on Virtual Assets

By Sanday Chongo Kabange | 30/09/2020

The revisions are aimed at addressing identified gaps and aligning the framework with FATF guidance for regulating VASPs.

AML / KYC

Crypto Industry Responds to FATF Red Flag Report

By Nathan Smale | 28/09/2020

New guidance from the FATF has been welcomed by the crypto industry, despite the compliance challenges it presents, writes Nathan Smale at Emfarsis.

Crypto / Digital Assets

EU Unveils Digital Finance Strategy, Crypto-asset Framework

By Manesh Samtani | 27/09/2020

The package consists of a digital finance strategy, a retail payments strategy, and legislative proposals for regulating the crypto-asset sector.

Crypto / Digital Assets

EU Set to Unveil Regulatory Framework for Crypto-assets

By Sanday Chongo Kabange | 22/09/2020

A leaked set of proposals indicates the European Commission is looking to introduce an EU-wide digital finance framework to hep regulate crypto-asset activities.