Fintech / Regtech

AML / KYC

Thai SEC Calls on Crypto Businesses to Improve Cybersecurity

By Editors | 09/02/2022

The SEC reminds crypto businesses to bolsters their cybersecurity systems, safeguard customer assets, and comply with IT audit and penetration testing requirements.

Crypto / Digital Assets

Mitsui to Launch Japan’s First Gold-Pegged Cryptocurrency

By Mark Johnston | 08/02/2022

ZipangCoin will be made available to retail investors this month through Digital Asset Markets Inc, which is partly owned by Mitsui & Co.

Fintech / Regtech

China Showcases CBDC at Beijing Winter Olympics

By Sanday Chongo Kabange | 08/02/2022

Observers say China’s “zero Covid policy” has limited its ability to showcase the e-CNY to a wider population.

AML / KYC

GLEIF Publishes Governance Details for Digitally Verifiable LEI

By Manesh Samtani | 08/02/2022

The vLEI Ecosystem Governance Framework is part of an initiative to ensure that every legal entity has a digital identity that can be trusted and easily verified.

Fintech / Regtech

UK Issues Tax Guidance for DeFi Lending & Staking

By Editors | 07/02/2022

CryptoUK says the approach would create an “unnecessary burden” for crypto investors and create tax compliance confusion.

Fintech / Regtech

More Banks Join Indonesia’s New Fast Payments System

By Sanday Chongo Kabange | 07/02/2022

BI-Fast launched in December with an initial 21 entities; 21 additional banks and Indonesia’s CSD have now also enrolled.

Fintech / Regtech

Myanmar Military Government Seeks to Launch Digital Currency

By Editors | 07/02/2022

Myanmar’s military regime is reportedly considering issuing a digital currency as a joint venture with local companies.

Fintech / Regtech

Facebook Sells Stablecoin IP and Tech Assets to Silvergate

By Sanday Chongo Kabange | 07/02/2022

The sale was announced after it became clear from dialogue with federal regulators that “the project could not move ahead”.

Fintech / Regtech

BOT Sets Out Plans for ‘New Financial Landscape’

By Mark Johnston | 07/02/2022

The BOT will introduce virtual bank licences, relax fintech investment limits for banks, promote open data, and establish TCFD aligned disclosure standards.