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Fintech / Regtech
Banks, Tech Firms Propose Payments Pilot Using EU Digital IDs
By Editors | 22/09/2022
European banks and tech firms will show how payments and EU digital ID wallets can be combined across borders and in multiple currencies.
Fintech / Regtech
BSP Tightens Prudential Requirements for Digital Banks
By Editors | 21/09/2022
Digital banks must meet the same Basel III capital, liquidity and leverage requirements applicable to universal and commercial banks.
Crypto / Digital Assets
Nasdaq Establishes New Digital Assets Business
By Editors | 21/09/2022
The technology that underpins the digital asset ecosystem has the potential to transform markets over the long-term, says Nasdaq’s Adena Friedman.
Crypto / Digital Assets
HKMA to Start Retail CBDC Trials in Q4 This Year
By Manesh Samtani | 21/09/2022
The trials will involve banks, payment companies and other technology firms to study the use of the e-HKD in a limited setting.
Fintech / Regtech
BOT Details Plans to Upgrade Payment Systems
By Editors | 21/09/2022
The plans include the development of PromptBiz, a digital payment infrastructure system for the business sector.
Fintech / Regtech
MAS, IFSCA Sign FinTech Cooperation Agreement
By Editors | 20/09/2022
MAS and IFSCA will collaborate to support sandbox experimentation, enable companies to be referred to each other’s sandbox, and promote cross-border testing.
Fintech / Regtech
FSTB, SFC Declare Support for STO Business in Hong Kong
By Editors | 19/09/2022
The SFC’s Elizabeth Wong said firms that are interested in STOs are encouraged to discuss their proposals with the regulator’s Fintech unit.
Crypto / Digital Assets
BIS, HKMA to Explore Use of DeFi Tools for SME Finance
By Editors | 18/09/2022
Project Dynamo will study whether and how DeFi tools such as blockchain and smart contracts can improve access to finance for SMEs.
AML / KYC
US Unveils Comprehensive Plans for Regulating Digital Assets
By Manesh Samtani | 18/09/2022
Reports released by the White House, Treasury, Commerce and DOJ will help ensure a coordinated and comprehensive approach to digital assets policy.
Fintech / Regtech
StanChart’s Singapore Digital Bank Reaches Key Milestone
By Editors | 16/09/2022
Trust Bank has been offering new accountholders a chance to win one of three Tesla cars, where referrals increase the chances of winning.
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