The Philippines, through the Cagayan Economic Zone Authority (CEZA), unveils a comprehensive set of new rules governing cryptocurrencies in a bid to effectively regulate and protect investors.

CEZA has approved the Digital Asset Token Offering (DATO) regulations that cover the acquisition of crypto assets, including utility and security tokens. Under the new framework, CEZA is the principal regulating authority. The Asia Blockchain and Crypto Association ("ABACA") is designated as a SRO to help implement and enforce the new rules.

HCL Technologies (HCL), a leading global technology company, announced the opening of a new office in The Hague, expanding its presence in the Netherlands. From its new state-of-the-art office, HCL will have a core focus on offering next-generation solutions and the ability to serve major blue-chip organizations in the Netherlands and in Europe. This further strengthens its position as one of the fastest growing technology companies in the region.

EquiLend has partnered with Stonewain to offer securities finance market participants around the globe the ability to manage their book of business on a single, comprehensive and integrated platform.

The solution—offered by EquiLend and leveraging Stonewain’s Spire system—will tie in seamlessly with EquiLend’s suite of trading, post-trade and market data services, including NGT, the leading* trading platform in the securities finance industry. 

Banking customers are increasingly opening multiple accounts, particularly the younger generations, with up to a third of Millennials and Gen-Zs having opened at least two new accounts in the past 5 years. The research, commissioned by digital banking software provider CREALOGIX, found consumers are attracted by mobile features that improve convenience, functionality and control.

• Over three-quarters of a million financial services professionals would turn down a role that didn’t offer flexible working
• 94% of financial services employees say it’s important for them to choose when and where they work 
• Almost three fifths (59%) would turn down a job opportunity that didn’t allow flexible working 
• Today, one in six (15%) employees work in businesses that don’t offer flexible working 

Danske Bank and Nets have entered into a five-year agreement to issue and develop the Dankort card. 

Dinosaur Financial Group, LLC (Dinosaur), a New York-based institutional brokerage firm, today announced its partnership with tZERO Group, Inc., a global leader in blockchain innovations for the capital markets. 

The Autorité des marchés financiers (the AMF) is pleased to announce the official launch of the Global Financial Innovation Network (GFIN), an international network of financial regulators committed to supporting financial innovation that benefits consumers.

InstaReM today announced that it is joining Visa’s Fintech fast-track program in the Asia Pacific region. This program makes it quicker and easier for Visa’s fintech partners, which will now include InstaReM, one of Southeast Asia’s hottest Fintechs, to build and deliver new payments experiences on Visa’s payments network.