Crypto / Digital Assets

Crypto / Digital Assets

MAS Grants In-principle Digital Assets Licence to Straits Millennium

By Nithya Subramanian | 18/02/2025

Some 30 firms in Singapore have been granted an Major Payment Institution license by MAS for DPT services.

Crypto / Digital Assets

Coinbase Discussing Market Re-entry With Indian Regulators

By Nithya Subramanian | 17/02/2025

Coinbase initially entered the Indian market in 2022 but was later forced to suspend operations.

Fintech / Regtech

BIS Releases Details of Planned Cross-border Payments PoC

By Manesh Samtani | 17/02/2025

Project Rialto will link instant payment systems to a transnational network with an automated FX conversion layer for settlement in central bank money.

Crypto / Digital Assets

OJK Considers Allowing Crypto ETF Listings in Indonesia

By Nithya Subramanian | 17/02/2025

OJK is conducting a review to determine whether crypto ETFS will be permitted and which crypto assets would qualify for inclusion in an ETF.

Crypto / Digital Assets

SFC Mulls Rule Changes to Boost Virtual Asset Sector

By Manesh Samtani | 17/02/2025

The SFC is considering relaxing certain rules to improve liquidity in Hong Kong’s virtual asset market and enhance the city’s position as a digital asset hub.

Crypto / Digital Assets

SFC Approves First Tokenised Fund for Retail Investors

By Thisanka Siripala | 17/02/2025

The ChinaAMC fund will provide retail investors access to Hong Kong dollar yields through a blockchain-based structure.

Crypto / Digital Assets

Korea Sets Roadmap for Opening Crypto Market to Corporate Participation

By Manesh Samtani | 14/02/2025

Charities, universities and virtual asset exchanges will soon be allowed to sell crypto they receive as donations and fees.

Crypto / Digital Assets

Hong Kong Permits Use of Crypto for Wealth Verification Under CIES

By Manesh Samtani | 14/02/2025

Cryptocurrency can be used in the wealth verification process to apply for the visa but is not among the “permissible assets” required to maintain the CIES visa status.

Crypto / Digital Assets

FMA Offers Regulatory Clarity for E-Money and Payments Firms

By Sanday Chongo Kabange | 14/02/2025

The FMA said there is “no specific licence” for e-money institutions or payments service providers in New Zealand but a range of regulatory obligations still apply.