HKMA issues discussion paper on retail CBDC issues

The Hong Kong Monetary Authority (HKMA) has launched a discussion paper to gather views on the key issues surrounding a retail central bank digital currency (CBDC).

Thailand bans cryptocurrency use for payments

Thailand’s Security and Exchange Commission (SEC) has revealed it will introduce a ban on crypto as a method of payment from April 1 this year.

Bank of Canada and MIT collaborate on CBDC project

The Bank of Canada and the Massachusetts Institute of Technology (MIT) will collaborate on a 12-month project exploring central bank digital currencies (CBDCs).

Thailand eases crypto tax regulations to promote digital asset investments

Thailand’s finance ministry has loosened regulations around crypto tax in order to foster investment in the country’s digital asset market.

Cambodia introduces code of conduct for banks and FIs

Cambodia has unveiled a code of conduct for banks and financial institutions with the aim of promoting more effective and responsible banking and financial practices.

Best Execution requirements officially introduced in Singapore

The Monetary Authority of Singapore (MAS) has revealed that Best Execution practices must be provided by capital markets intermediaries to their customers.

Korea’s FSC alters rules to promote business expansion overseas of FIs

Korea’s Financial Services Commission (FSC) has approved a set of regulatory revisions to help facilitate financial institutions’ overseas operation and investment activities.

European Parliament postpones crypto regulation vote amid backlash

The European Parliament has postponed a vote on crypto asset regulation after a leaked draft included a provision that sought to ban cryptocurrencies.

BIS unveils green bond fund to finance sustainable projects in APAC

The Bank for International Settlements (BIS) has launched a green bond fund that is dedicated to aid the financing of green projects in Asia Pacific.

China defers new AML rules amid pushback and privacy concerns

The People Bank of China (PBOC) has said it is postponing the introduction of new rules that firm up cash withdrawal and deposit scrutiny due to technical reasons.

News Stories

InsurTechs pull in strong funding in this week’s 32 funding rounds

InsurTechs pull in strong funding in this week’s 32 funding rounds

This week proved to be a red-letter week for InsurTechs, with two of the top three deals going to companies in the insurance space.
PIMFA advocates for a refresh of the UK's retail investment market

PIMFA advocates for a refresh of the UK’s retail investment market

PIMFA, a significant voice in the WealthTech industry, is urging the UK Government to leverage a 'generational' opportunity to invigorate the UK retail investment market. This call to action comes six months after the introduction of the significant Edinburgh Reforms.
BNY Mellon and MoCaFi join forces to bolster financial inclusion in the US

BNY Mellon and MoCaFi join forces to bolster financial inclusion in the US

BNY Mellon, America's oldest bank with a rich history dating back to 1784, and MoCaFi, an impactful FinTech platform established to empower traditionally underserved communities, have forged a strategic alliance aimed at enhancing financial inclusivity across the U.S.
Revolutionising DeFi access MetaMask Institutional and Fireblocks' integration

Revolutionising DeFi access: MetaMask Institutional and Fireblocks’ integration”

MetaMask Institutional, a branch of ConsenSys and a leading force in web3 wallet services for organisations, is integrating with Fireblocks, a trusted platform for enterprise-grade wallet security and transaction governance.
American Express and Plaid initiate customer-focused digital banking upgrade

American Express and Plaid initiate customer-focused digital banking upgrade

New York-based financial services corporation, American Express, and data network firm, Plaid, have announced a customer-permissioned data sharing agreement set to enhance digital finance options.

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