ADVERTISEMENT
Fintech / Regtech
Taiwan to Complete Second Phase of CBDC Trials By September
By Editors | 21/02/2022
Under the current design, a two-tier system is being used that will allow users to exchange bank deposits with the TWD digital currency.
Fintech / Regtech
BNM Allows Individuals to Complete eCCRIS Registration Digitally
By Editors | 21/02/2022
The enhancements make it more convenient and safer for individual users to register for eCCRIS and access their credit reports, for free, BNM says.
Fintech / Regtech
HKMA, PBOC Invite Firms to Test Fintech Initiatives Across GBA
By Editors | 21/02/2022
The objective of the link is to provide a “one-stop platform” to allow FIs and technology firms to pilot test their cross-boundary fintech initiatives, concurrently in Hong Kong and GBA cities.
Fintech / Regtech
Korea FSS Includes NFT, Metaverse Monitoring in Annual Work Plan
By Sanday Chongo Kabange | 20/02/2022
The FSS said it will strengthen its supervision of “new trading assets such as NFTs” and “prepare countermeasures” if necessary to protect consumers against damage.
Fintech / Regtech
US DOJ Appoints First Director of National Crypto Enforcement Team
By Editors | 20/02/2022
The FBI has meanwhile created a new “Virtual Asset Exploitation Unit”, which will provide analysis, support, training and new tools to stay ahead of future crypto-related threats.
Enforcement
UK HMRC Seizes Three NFTs in Fraud Investigation
By Editors | 20/02/2022
Three people were arrested on suspicion of attempting to defraud HMRC using 250 fake companies. This is the first time a UK agency has seized NFTs.
Fintech / Regtech
NYSE Seeks Trademark Licences for Digital Marketplace
By Sanday Chongo Kabange | 18/02/2022
A filing with the US Patent and Trademark Office suggests the NYSE may be planning to launch an NFT marketplace as well as its own cryptocurrency.
Fintech / Regtech
Singapore Continues Work to Bolster Digital Banking Security
By Darien Choong | 18/02/2022
New measures include expanding the use of biometric technology, strengthening fraud surveillance and detection algorithms, and enabling customers to trigger account freezes.
AML / KYC
18 Crypto Exchanges Jointly Launch Travel Rule Solution
By Editors | 18/02/2022
The firms include BitGo, bitFlyer, Bittrex, BlockFi, Circle, Coinbase, Fidelity Digital Assets, Gemini, Kraken, and Robinhood, among others.
AML / KYC
Bangladesh Revises Rules on Mobile Financial Services
By Sanday Chongo Kabange | 17/02/2022
The revised regulations allow financial institutions other than banks, as well as government entities, to provide mobile financial services.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.