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Category: Compliance

  • [KPMG] Stablecoins: the bridge between traditional finance and digital assets

    [KPMG] Stablecoins: the bridge between traditional finance and digital assets

    Wei Xiang

    ,

    In our last post we showed a glimpse of the stablecoins 2030 estimates, Today’s post is about exact regulations + technology architecture explained using heat map for each use case. Key insights from the report 👇 Exact regulations,– Stable Issuers must maintain 1:1 USD or T-bill reserves, publish monthly reserve audits & comply AML/KYC rules… Read more

  • [GFTN] Regulated Activities on Public Blockchains

    [GFTN] Regulated Activities on Public Blockchains

    Wei Xiang

    Regulatory outlook on public blockchains from an expert meeting Point Zero Forum in Zurich, Switzerland, following are 3 key insights: 1. Use cases: 🔹Cross border payments:Public blockchain offers a golden source of data, very valuable since the banks currently work with their own databases and reconciliation leading to delays and discrepancies. 🔹 Trading & settlement… Read more

  • [Chainalysis] The Road to Crypto Regulation Part 2: Stablecoins At the Crossroads of Financial Services and Crypto

    [Chainalysis] The Road to Crypto Regulation Part 2: Stablecoins At the Crossroads of Financial Services and Crypto

    Wei Xiang

    The trajectory of stablecoins — cryptocurrencies whose value is pegged to another asset, most commonly a fiat currency — is at an inflection point. Already, stablecoins account for trillions of dollars in on-chain value transferred each month. But the broadening interest in this asset stems not from their foundational role in crypto markets, but from… Read more

  • [HKMA] Explanatory Note on Licensing of Stablecoin Issuers

    [HKMA] Explanatory Note on Licensing of Stablecoin Issuers

    Wei Xiang

    While this Note summarises a number of principal provisions of the SO, the Guideline on Supervision of Licensed Stablecoin Issuers (“Supervisory Guideline”) and the Guideline on Anti-Money Laundering and CounterFinancing of Terrorism (For Licensed Stablecoin Issuers) (“AML/CFT Guideline”), this Note is not intended to be a comprehensive guide to the wide variety of compliance issues… Read more

  • [BIS] Stablecoin growth – policy challenges and approaches

    [BIS] Stablecoin growth – policy challenges and approaches

    Wei Xiang

    This Bulletin takes stock of the current state of the stablecoin market and assesses the key policy challenges surrounding the circulation of stablecoins in public blockchains. Although stablecoins bear some resemblance to conventional financial products (such as MMFs, or money market exchange-traded funds), they present a unique set of challenges given their borderless and pseudonymous… Read more

  • [Cryptopolitan] GLOBAL CRYPTOCURRENCY REGULATION IN 2025

    [Cryptopolitan] GLOBAL CRYPTOCURRENCY REGULATION IN 2025

    Wei Xiang

    ,

    Cryptocurrency regulation in 2025 has undergone a profound transformation.The global legal response to digital assets is no longer exploratory; it has matured into a multi-tiered framework that separates compliant jurisdictions from restrictive or ambivalent ones. The acceleration of regulatory development, particularly following the 2021-2023boom-bust cycles and a new global political climate post-Trump has left crypto… Read more

  • [CHASING MAVERICKS] Understanding Kenya’s new Excise duty on Digital Assets

    [CHASING MAVERICKS] Understanding Kenya’s new Excise duty on Digital Assets

    Wei Xiang

    Kenya’s 2025 Finance Act introduced a shift in how the Government taxes virtual asset transactions. After collecting about KSh 1.1 billion in revenue from a 3% Digital Asset Tax (“DAT”) over 21 months (September 2023–June 2025), the Government has repealed that turnover-based tax and replaced it with an excise duty on transaction fees. This change aims to… Read more

  • [dynamic] The 2025 Stablecoin Playbook

    [dynamic] The 2025 Stablecoin Playbook

    Wei Xiang

    ,

    This report was created to help product builders, fintech teams, and developers understand how to navigate the stablecoin landscape with clarity and confidence. It breaks down the mechanics of stablecoins, the infrastructure required to use them, and the regulatory context shaping their future. Whether you’re exploring payments, remittances, or neobank products, this guide offers practical… Read more

  • [The White House] STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY

    [The White House] STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY

    Wei Xiang

    ,

    The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our Nation’s international leadership. It is therefore the policy of my Administration to support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy, including by:(i)… Read more

  • [GLI] Legal considerations in the minting, marketing and selling of NFTs

    [GLI] Legal considerations in the minting, marketing and selling of NFTs

    Wei Xiang

    ,

    In recent years, the rise of digital content consumption and collecting has raised the challenge of proving the “original” version of a work that can be easily replicated. This issue hinders the development of a digital ownership economy, as most current models operate under a digital license economy where users lose access once subscriptions end… Read more