The Australian Prudential Regulation Authority (APRA) has issued stricter standards for prospective neobanks that apply for banking licences following Xinja’s collapse. Applicants will need to ...

South Korea’s Anti-Money Laundering-related law, the Act on Reporting and Using Specified Financial Transaction Information, has been amended and went into effect on ...

BitMEX, a virtual currency derivatives exchange, has agreed to pay up to USD 100 million to settle US charges of unlawfully accepting customer ...

Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects. ...

Crypto and blockchain investments continue to grow thanks to ever-rising investor interest, according to a new report from Big Four accounting firm KPMG. Titled “Pulse of ...

China released a five-year blueprint calling for greater regulation of vast parts of the economy, providing a sweeping framework for the broader crackdown ...

The Hong Kong Securities and Futures Commission (SFC) has fined Swiss bank UBS $1.5 million for failing to rectify a series of compliance ...

The brokerage arm of Singapore’s DBS Bank has received approval “in principle” from the country’s financial regulator to begin offering crypto services to ...

Samsung Electronics is reportedly going to be a part of South Korea’s central bank digital currency (CBDC) pilot project. Samsung will participate in ...

Global payments giant JPMorgan Chase & Co (JPM.N) has launched a real-time payments option that it hopes will increase its edge in the financial industry’s ...