FINTECH / REGTECH

Crypto / Digital Assets

How GDPR Could Deflate the Blockchain Hype

By Bradley Maclean | 05/02/2018

Firms adopting blockchain technology could struggle to comply with the EU’s incoming GDPR rules.

Fintech / Regtech

Cryptocurrency – You Can’t Kill an Idea

By Peter Guy | 05/02/2018

Once in a while capitalism must be rescued from the excesses of bankers and central banks. Governments can’t kill ideas, but it takes them a long time for them to concede or adapt.

Fintech / Regtech

The Philippines to Introduce Cryptocurrency Regulation This Year

By Garima Chitkara | 01/02/2018

New rules, expected by year end, aimed at investor protection as Philippines investigates unlicensed ICO issuers.

AML / KYC

S. Korea Probes Illegal Forex Transactions Using Cryptocurrency

By Manesh Samtani | 01/02/2018

Korea Customs Service alleges KRW637.5 bn of foreign exchange crimes, including the use of cryptocurrency to conduct forex transactions, foreign remittances, illegal smuggling.

Fintech / Regtech

Bank Indonesia to Trial ‘Digital Rupiah’ in 2018

By Manesh Samtani | 31/01/2018

The digital currency’s value will be based on the existing currency system, backed by “real assets” and will take into account the inflation rate.

Fintech / Regtech

South Korea Pursues Global Cooperation on Crypto Regulation

By Manesh Samtani | 31/01/2018

Ministry of Strategy and Finance officials have been sent to Japan to discuss oversight and taxation issues, with plans to also visit US, UK, German authorities.

Crypto / Digital Assets

UPDATED – Japan FSA Responds to $530mn Cryptocurrency Theft

By Manesh Samtani | 31/01/2018

FSA orders Coincheck to improve security, implement preventative measures; will additionally inspect security mechanisms at other cryptocurrency exchanges.

Crypto / Digital Assets

Banks’ Fintech Reluctance Leaves Market Share Up for Grabs

By Peter Guy | 31/01/2018

Despite technological improvement and innovation, FIs are still not embracing fintech, and start-ups are finding it harder than expected to gain traction.

Fintech / Regtech

Decentralised Crypto Exchanges Could Render Regulatory Efforts Meaningless

By Bradley Maclean | 29/01/2018

Global regulators and institutions need to work together to develop globally harmonised standards, rather than the onerous regulatory frameworks proposed […]