Over 50 cryptocurrencies pegged to stable assets will soon be in play in the crypto world. It may be early yet but their rise in popularity is a development worth paying attention to.
Singapore may have scrapped the idea of a centralised database to facilitate KYC checks for now but an advisory body in Hong Kong says the government might not even need one.
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
Regulators are quickly paring back the rhetoric on KYC technology that promised to speed up bank onboarding. The problem now seems no closer to being resolved.
Hong Kong’s securities regulatory chief Carlson Tong Ka-shing may be on the way out, but he has signalled that cryptocurrencies have a future in the city even if there’s still a long road ahead for crypto compliance
Despite the slide in the prices of bitcoin, the leading cryptocurrency this year, a panel of fintech experts at the Refinitiv Pan Asian Regulatory Summit believe crypto finance is here to stay
As a Hong Kong's regulator slaps a HK$5 million fine on a bank that breached money laundering regulations, CT looks at the work being done behind the scenes to improve KYC technology.
Can you imagine a world without Swift? As transactions limits rise for real time payment platforms, no-fee cross border payments could soon be a reality – starting in Southeast Asia.