Fintech / Regtech

Fintech / Regtech

BSP to Issue Draft Rules on Managing AI Risks Within H1 2025

By Sanday Chongo Kabange | 12/03/2025

The BSP’s new regulations on AI risk management in the financial sector are set to be released within the first half of this year.

Crypto / Digital Assets

Korea to Accelerate 2nd Phase Regulations on Digital Assets

By Nithya Subramanian | 12/03/2025

The Trump administration’s pro-crypto stance has prompted Korea to accelerate its virtual asset policies. It is also examining policy around crypto ETFs.

Crypto / Digital Assets

Japan’s Cabinet Approves Bill to Ease Crypto Regulations

By Thisanka Siripala | 11/03/2025

The bill establishes a new category for crypto intermediaries and enhances flexibility in stablecoin reserve management, among other things.

Fintech / Regtech

Myanmar Central Bank Launches National QR Code Standard

By Nithya Subramanian | 11/03/2025

MMQR will make transactions more efficient and accessible, reduce dependency on cash, and better align with global trends.

AML / KYC

GLEIF Launches Open Data Network to Foster Data Compatibility

By Thisanka Siripala | 10/03/2025

Led by GLEIF and Open Ownership, the initiative aims to embed LEIs into open data sources to enhance data utility across the public and private sectors.

Crypto / Digital Assets

KSD to Launch Security Token ‘Testbed’ Platform in June

By Manesh Samtani | 10/03/2025

Once legislative amendments are implemented, the testbed platform will be converted into an operating environment.

Crypto / Digital Assets

India Consults on Tokenisation Framework for GIFT City

By Nithya Subramanian | 07/03/2025

The IFSCA has released a consultation paper on the tokenisation of real-world assets, aiming to establish GIFT City as a global hub for digital asset innovation.

Fintech / Regtech

AUSTRAC to Expand AI Use in Intelligence, Regulatory Operations

By Thisanka Siripala | 07/03/2025

AUSTRAC is currently developing and piloting uses of AI which will in the future expand usage patterns and domains.

Crypto / Digital Assets

MAS Grants MPI Licences to Units of Hex Trust, Matrixport

By Nithya Subramanian | 07/03/2025

Both Hex Trust and Matrixport received approval for their Singapore operations after receiving in-principle approvals last year.