Ant Digital Technologies has signed a memorandum of understanding (MOU) with Amundi, Europe’s largest asset manager, to jointly develop tokenised fund solutions.

Kakao Pay and Kakao Bank have signed a memorandum of understanding (MOU) with Fireblocks to explore digital assets in Korea, with a focus on stablecoins.

By PAUL O’DONOGHUE, Senior Correspondent THE FATF (Financial Action Task Force) has placed Turkey under ‘enhanced follow-up’, warning of a backlog of 7,000 financial crime cases awaiting prosecution.

The Office of the Comptroller of the Currency (OCC) has ordered Bank of America to address significant AML compliance and sanctions compliance program deficiencies.

Diversified asset management instruments, ranging from alternative asset funds to real estate investment trusts (REITs), will anchor Hong Kong's drive to reinforce its position as a global asset and cross-border wealth management hub, Chief Executive John Lee Ka-chiu said.

New FCA guidance will help firms understand how the law underpinning the UK's future cryptoasset regime applies to their business. It also sets out which activities may require FCA authorisation.

The FCA and partners have taken further action against illegal peer-to-peer crypto trading in London.

Bull statues near screens showing the Hang Seng stock index and stock prices outside Exchange Square, in Hong Kong, China, February 3, 2026. REUTERS/Tyrone Siu/File Photo Purchase Licensing Rights, opens new tab