Cross-Border Transactions

Highlights: MAS enhances tokenization with new measures for liquidity, infrastructure, and settlements. Project Guardian expands frameworks, boosting industry-wide implementation of tokenized assets. MAS launches GFTN to boost Singapore’s role in global fintech. Singapore’s Monetary Authority (MAS) has announced new measures […]

Highlights: South Korea plans to regulate cross-border virtual asset transactions to combat misuse. Businesses must register and report international crypto transfers to the Bank of Korea. Legal revisions are expected to finish by early 2025, with new rules in Q2. […]