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Fintech / Regtech
Korea FSS Issues Guidance on Financial Reporting in XBRL Format
By Editors | 21/01/2025
The FSS is progressively expanding the use of XBRL for financial reporting but has identified some deficiencies in XBRL submissions
Crypto / Digital Assets
UK FCA Commits to Relaxing Rules to Drive Economic Growth
By Thisanka Siripala | 21/01/2025
FCA Chief Executive Nikhil Rathi said the regulator will make growth will be a fundamental pillar of its strategy through to 2030
Crypto / Digital Assets
Vietnam to Introduce Regulatory Sandbox for Crypto, Fintech
By Nithya Subramanian | 21/01/2025
The sandbox will allow testing of business models in areas such as cryptocurrency trading and digital asset management
Fintech / Regtech
ASIC Calls on BNPL Providers to Act Early to Secure Licence
By Sanday Chongo Kabange | 21/01/2025
A law passed in December requires BNPL providers to have a licence by 10 June 2025, subject to transitional arrangements
Fintech / Regtech
NPCI Signs Partnership to Enable UPI Payments in UAE
By Editors | 18/01/2025
NPCI’s international arm signed an agreement with payment solutions provider Magnati to enable QR-based UPI merchant payments through POS terminals across the UAE.
Fintech / Regtech
Hong Kong PCPD Issues Updated Guidance on Cloud Computing
By Sanday Chongo Kabange | 18/01/2025
The PCPD was prompted to issue the updated guidance following a data breach incident at the Urban Renewal Authority.
Fintech / Regtech
Outgoing US President Signs Executive Order on Cybersecurity
By Thisanka Siripala | 17/01/2025
The executive order is aimed at strengthening US cybersecurity infrastructure and improving accountability among software vendors
Crypto / Digital Assets
Malaysia to Develop New Policy for Cryptocurrency and Blockchain
By Nithya Subramanian | 17/01/2025
Prime Minister Anwar Ibrahim announced plans to formulate a digital finance policy, which will be placed before the Cabinet for further deliberation.
Market Infrastructure
OECD Offers Recommendations to Strengthen Digital Public Infrastructure
By Thisanka Siripala | 17/01/2025
OECD report offers recommendations for governments to maximise the value of digital public infrastructure and drive sustainable digital transformation.
Crypto / Digital Assets
Canton Network Initiates Collateral Management Project for Crypto Derivatives
By Manesh Samtani | 17/01/2025
The project is being launched in partnership with Digital Asset and QCP to address collateral management inefficiencies in the crypto derivatives market
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