ING, CommonWealth Bank of Australia complete RegTech pilot
ING and CommonWealth Bank of Australia (CBA) have completed a RegTech pilot, which aims to simplify the processing of regulatory information.
Reserve Bank of India toughens KYC for payments banks
The Reserve Bank of India (RBI) has issued a letter to India’s payments banks, tightening the regulations around KYC, while on-boarding customers.
SEC files charges against former crypto exchange
The Securities and Exchange Commission has filed charges against a former cryptocurrency exchange and its founder.
South Korea regulator to soften stance on cryptocurrencies
South Korea’s financial regulator is reportedly softening its stance on cryptocurrency trading, weeks after mulling a ban.
Japan’s cryptocurrency industry eyes self-regulation
Japan’s cryptocurrency industry is reportedly preparing to establish a self-regulatory body.
Deciens sets sights on RegTech, FinTech with new $80m fund
San Francisco-based Deciens Capital has set an $80m goal for its 2018 fund.
Bitstamp picks Onfido to meet KYC regulation
Bitcoin exchange Bitstamp has picked Onfido to provide ID verification during onboarding to meet KYC and other regulations.
Swiss financial authority to regulate some ICOs
The Swiss Financial Market Supervisory Authority (FINMA) intends to regulate some ICOs either under anti-money laundering laws or as securities.
Mauritius to build regulatory ecosystem for FinTechs
Mauritius is hoping to set itself up as a FinTech hub and is eyeing the launch of a sovereign fund to support FinTechs in the area.
UK crypto companies form trade body for self-regulation
Seven cryptocurrency companies have formed a UK cryptocurrency trade body, bringing the first self-regulation to the industry.