Fintech / Regtech

AML / KYC

HKMA Prepares to Roll Out Personal Account Info-Sharing to Combat Fraud

By Manesh Samtani | 19/09/2025

The HKMA is enabling banks to share client data on suspected mule accounts, part of a broader push involving AI and data analytics.

Securities / Derivatives

Korea to Institutionalise OTC Exchanges for Unlisted Stocks, Fractional Investments

By Sanday Chongo Kabange | 19/09/2025

The regulations will create dedicated licences for OTC platforms, formalising rules on capital, investor protection, and market infrastructure.

Fintech / Regtech

China Pilots Unified QR Code Gateway to Streamline Foreign Payments

By Sanday Chongo Kabange | 18/09/2025

The PBOC-led initiative aims to standardise access for overseas e-wallets, with nearly 2 million transactions processed in its initial phase.

Fintech / Regtech

NPCI Proposes to Allow UPI Cash Withdrawals via Business Correspondents

By Nithya Subramanian | 18/09/2025

The NPCI is seeking RBI approval to allow customers to withdraw up to INR 10,000 per transaction, widening access to cash services.

Fintech / Regtech

FSC Korea Rejects All Bids for Fourth Internet Bank Licence

By Manesh Samtani | 18/09/2025

The FSC found all four applicants unsuitable for preliminary approval, citing weak capitalisation, unclear shareholder structures, and inadequate funding plans.

Fintech / Regtech

Korea-Japan Bank Consortium Completes Stablecoin Trial

By Manesh Samtani | 18/09/2025

A proof-of-concept remittance project found stablecoins cut costs, but highlighted South Korea's lack of a clear regulatory framework.

Crypto / Digital Assets

Kazakhstan Firm Launches World's First Offshore CNY Stablecoin

By Sanday Chongo Kabange | 18/09/2025

AnchorX, a licensed stablecoin issuer in Kazakhstan, has debuted its “AxCNH” stablecoin, aiming to streamline payments for 'Belt and Road' nations.

Crypto / Digital Assets

India Mandates Cybersecurity Audits for All Crypto Exchanges

By Nithya Subramanian | 18/09/2025

Cybersecurity audits will be mandatory for exchanges seeking registration with the FIU. CERT-In has been designated as the overseeing agency.

ESG / Sustainability

China Advances Legal Reforms on Cybersecurity, Bankruptcy, Green Finance

By Mark Johnston | 18/09/2025

Beijing’s top legislature is reviewing draft laws that will impose tougher cybersecurity penalties, overhaul corporate bankruptcy proceedings and establish a national carbon market.