DFSA launches Cyber Threat Intelligence Platform
December 30, 2019 BY Valentina Kirilova

DFSA launches Cyber Threat Intelligence Platform

The Dubai Financial Services Authority (DFSA) has announced yesterday that it is about to launch the first regulator-led cyber threat intelligence platform in the Dubai region, aiming to help firms in the Dubai International Financial Centre (DIFC) implement appropriate safeguards to mitigate against cyber risks. The Cyber Threat Intelligence Platform is a result of ongoing…

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December 27, 2019 BY Mariela Naydenova

Uzbekistan bans its citizens from purchasing cryptocurrencies

Uzbekistan has allegedly banned its citizens from buying cryptocurrencies. According to local news media Novosti Uzbekistana, it was the National Project Management Agency that has barred its citizens from buying digital coins, even ones on established exchanges. The news comes out as a shock to many, especially since Uzbekistan was thought of "crypto friendly" place. For example,…

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If Russia ends its ‘Love-Hate’ of cryptos, can it be the ‘King of Blockchain’?
December 27, 2019 BY Mariela Naydenova

Russia's Central Bank is testing a stablecoin under sandbox

Russia is moving forward with testing stablecoins, as The Bank of Russia has started testing these pegged to real assets set in regulatory sandbox. The head of the central bank, Elvira Nabiullina, commented that the bank does not assume that stablecoins will eventually replace money or function as payment means. What the Bank of Russia…

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Lingxi ,China Finance Online Co. Limited
December 27, 2019 BY Valentina Kirilova

China Finance Online Co. revenues from financial services down 23.9% YoY in 3Q report

China Finance Online Co. Limited (NASDAQ GS: JRJC), a web-based financial services company, has announced its unaudited financial results for the third quarter and first nine months ended September 30, 2019.  The company provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial…

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Malaysian SC announces relief measures for capital market licensed entities
December 27, 2019 BY Mariela Naydenova

Bank Negara Malaysia issues licenses to up to five digital banks

Malaysia is taking new steps to enhance the growing popularity of virtual banks and the benefits they can offer to customers. The country's central bank, Bank Negara Malaysia (BNM), will issue up to five licenses to digital banks in Malaysia. BNM is currently working on releasing the "Exposure Draft on Licensing Framework for Digital Banks", or…

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Japan
December 27, 2019 BY Valentina Kirilova

90% of institutional investors worried over Japan's tougher rules on foreign investment

Japan times reported earlier this week that according to a private survey nearly 90% of institutional investors are worried about the possible negative effects of a law revision, tightening restrictions on foreign investment. The law was enacted in November 2019 and is expected to take effect around May next year. The new law requires foreign investors to notify…

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TAIFEX
December 27, 2019 BY Valentina Kirilova

Taiwan Futures Exchange launches real-time market data feed in 2020

The Taiwan Futures Exchange (TAIFEX) has announced that as of 23 March 2020, it will start providing real-time market data feed. The exchange will also introduce continuous trading on Taiwan’s stock market, which currently adopts the call auction trading method during trading hours. Market participants and information vendors will be able to choose to connect to…

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robomarkets
December 27, 2019 BY Valentina Kirilova

RoboMarkets launches R Trader mobile

RoboMarkets has announced that it has launched a mobile version of its R Trader proprietary web platform. RoboMarkets' clients will now be able to perform trading operations such as charts, account selection, position and account management, and viewing history. RoboMarkets has also improved the terminal’s updating algorithm, which will be barely noticed by clients and…

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ECB rate move
December 26, 2019 BY Mariela Naydenova

ECB proposes "Controllable Anonymity" crypto payment system

The European Central Bank has proposed a new model to deal with cryptocurrencies, especially the AML risks associated with them. The ECB also clarified that it it not looking to creating its own coin. The new proposed payment system is called EUROchain and is a simplified CBDC payment type of service. Under this new model, all…

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