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China regulation on facial recognition tech awaited; HK, Singapore grant new licences to financial entities; India slashes corporate tax rate
Japan grants cryptocurrency body regulatory powers; blockchain firms in China need to register identities; Trading begins at Shenzhen-based HKEx owned commodities exchange.
Regulatory roundup: Mandatory rupiah use is in effect, with grace measures; Singapore plots M&A rule changes; India offers up new interbank benchmark
India’s flagship companies believe they should be the new generation of payments banks. With their broad distribution, they can be.