ASP

CARF
2026-09-09 02:26:16

What RCASPs Must Report Under CARF and How Local Rules Change the Filing

FinTax has published a detailed breakdown of what crypto platforms must actually report under the Crypto-Asset Reporting Framework, or CARF, after the questions of who reports and where they report have already been settled. Under the OECD standard, a Reporting Crypto-Asset Service Provider (RCASP) must identify reportable users and relevant controlling persons through due diligence, classify their crypto transactions, and submit three main categories of information: RCASP data, user data, and transaction data. The article says the OECD framework sets a common international baseline, but final filing obligations are shaped by local law and technical guidance in each jurisdiction. That creates practical differences in several areas, including whether domestic tax residents must be reported, which fiat currency must be used for valuation, whether the $50,000 retail payment threshold is converted into a local-currency standard, how tax identification numbers are defined, and whether nil returns are required when no reportable information exists. FinTax also argues that CARF preparation cannot be left to the filing deadline. For RCASPs, compliance work needs to be built into customer management, KYC and tax due diligence, valuation methods, and transaction data architecture. For firms operating across borders, the same customer and transaction set may need to be configured differently for different jurisdictions when annual CARF reports are prepared.

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What RCASPs Must Report Under CARF and How Local Rules Change the Filing
AUSTRAC
2026-09-08 06:22:12

AUSTRAC removes 45 crypto and remittance registrations in a year, names GetCoins and probes Western Union

Australia’s financial intelligence agency AUSTRAC said it has canceled, suspended, or refused to renew the registrations of 45 crypto and remittance businesses over the past year, covering virtual asset service providers and traditional money transfer firms. The agency said the removals were tied to businesses that had ceased operating, entered insolvency, failed to report major changes, submitted inaccurate registration details, or presented money laundering and terrorism financing risks. AUSTRAC specifically identified BA Digital Ventures, which operated as GetCoins, as a case in point. Its virtual asset registration was revoked in June 2026 after numerous customer complaints, and the regulator said the platform had been used by organized crypto investment scam groups as a channel for victim acquisition and payments. AUSTRAC said it worked with the National Anti-Scam Centre to revoke the registration. The agency has also opened an investigation into Western Union and suspended Cryptolink’s crypto ATM network, extending scrutiny beyond crypto-native firms to broader cross-border payment operators.

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AUSTRAC removes 45 crypto and remittance registrations in a year, names GetCoins and probes Western Union
Australia
2026-09-08 05:23:09

Australia Cancels 45 Crypto Remittance Registrations in Past Year

Australia's financial intelligence agency, AUSTRAC, has canceled, suspended, or refused renewal of 45 cryptocurrency and remittance registrations over the past year, targeting services that are inactive, insolvent, or incapable of proper operation. Among them, GetCoins, a brand under BA Digital Ventures, had its virtual asset service provider registration revoked in June over suspected ties to organized crypto investment scams. AUSTRAC also launched an investigation into Western Union and suspended Cryptolink's crypto ATM network. The full list of 45 entities was not disclosed, but the public VASP register includes Cryptolink, Self Custody, Jam Xchange, and Coinsec Australia.

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Australia Cancels 45 Crypto Remittance Registrations in Past Year
Australia
2026-09-08 05:26:49

Australia’s AUSTRAC Cancels, Suspends, or Refuses to Renew 45 Crypto and Remittance Service Registrations in Past Year

Australia's financial intelligence agency AUSTRAC has canceled, suspended, or refused renewal for 45 cryptocurrency and remittance service providers over the past year in a bid to tighten oversight of high-risk payment businesses. The affected firms faced issues such as inactivity, insolvency, lack of operational capacity, failure to report material changes, and significant money laundering or terrorism financing risks. AUSTRAC CEO Brendan Thomas stated that canceled registrations cannot continue operations, with some individuals referred to domestic and international law enforcement. Notably, BA Digital Ventures, operating as GetCoins, had its virtual asset registration canceled in June due to customer complaints, allegedly exploited by organized crypto investment fraud, in collaboration with the National Anti-Scam Centre. The public VASP register also lists recent actions against Cryptolink, Self Custody, Jam Xchange, and Coinsec Australia. Additionally, AUSTRAC has launched an investigation into Western Union and suspended Cryptolink's cryptocurrency ATM network.

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Australia’s AUSTRAC Cancels, Suspends, or Refuses to Renew 45 Crypto and Remittance Service Registrations in Past Year
Intel
2026-09-08 01:52:09

Intel said to plan 10% PC CPU price hike as MediaTek targets openings in low-power and edge AI markets

A DIGITIMES report said Intel is preparing to raise prices for personal computer processors by 10% in October as part of an effort to improve its financial profile, while also winding down lower-margin Small Core product lines through end-of-life measures. The report places that move against a softer PC shipment outlook, with global volumes projected to edge down from about 260 million units in 2026 to 250 million in 2027, even as memory and PCB costs rise. It argues that a pullback in low-power x86 offerings could leave more room for Arm-based suppliers. MediaTek is presented as one of the companies positioned to benefit. The report says the chip designer is pushing deeper into industrial IoT and edge AI through its low-power portfolio, including the Genio series, and through ecosystem efforts with partners such as Advantech. It also points to MediaTek’s participation in Arm Total Design and its chip architecture work with NVIDIA in automotive and AI PC applications. On the market side, MediaTek shares closed at TWD 4,760 on Sept. 7, near the previous high of TWD 4,970, while foreign investors and the three major institutional investor groups were described as returning to the stock.

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Intel said to plan 10% PC CPU price hike as MediaTek targets openings in low-power and edge AI markets
Bitget
2026-09-07 11:32:32

Bitget joins FutureMode 2026 with rToken demos, policy panels and institutional outreach

Bitget appeared at FutureMode 2026 in Taipei as a gold sponsor, using the Sept. 4-6 event to showcase both product and brand strategy across digital finance. The company said it took part in three industry panels covering stablecoins in Asia, global virtual-asset regulation, VASP policy developments, real-world asset tokenization and AI-native crypto products. Bitget Wallet APAC lead Will Wu joined a session on stablecoin adoption in payments, remittances and digital dollar use cases, while Bitget CEO Gracy Chen held a fireside chat with Blocktrend founder Hsu Ming-En on regulation and RWA trends. Marketing manager Yoaka joined a separate panel focused on AI-native crypto products. On the exhibition floor, Bitget centered its on-site experience around rToken, its tokenized U.S. equities product. Activities included a decibel challenge, a U.S. stock-themed vending machine, blind cards and prize draws tied to rToken linked to names such as NVDA, MU and TSM. The company also set up two off-site "liquidity supply stations" offering 300 egg cakes and 500 drinks. Outside the expo, Bitget hosted a Taipei VIP and Institutional Private Dinner with Gracy for clients, institutions and partners. The company also restated platform figures, including more than 125 million users for Bitget and more than 100 million users for Bitget Wallet.

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Bitget joins FutureMode 2026 with rToken demos, policy panels and institutional outreach
BSP
2026-09-07 10:02:58

Philippine Central Bank Proposes 12-Month OPS Registration Moratorium, Tighter VASP Rules

The Bangko Sentral ng Pilipinas (BSP) has issued a draft circular proposing a 12-month suspension of new registrations for Operators of Payment Systems (OPS), aiming to review the classification and licensing framework. During the moratorium, pending applications will be assessed but not approved or denied. The draft also tightens rules for Virtual Asset Service Providers (VASPs), requiring supervised institutions to deal directly with licensed VASPs and apply enhanced due diligence. The measures apply to virtual asset entities authorized by BSP or other regulators. Public comments are open; if approved, the rules take effect 15 days after publication.

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Philippine Central Bank Proposes 12-Month OPS Registration Moratorium, Tighter VASP Rules
Philippines
2026-09-07 09:51:00

Philippine central bank proposes 12-month freeze on new payment operator registrations and tighter VASP controls

The Bangko Sentral ng Pilipinas (BSP) has proposed a 12-month pause on accepting and processing new applications for operators of payment systems, part of what it described as a broader review of its taxonomy and licensing framework. Under the draft circular, applications filed before the suspension could still be evaluated, but the central bank would withhold approval or denial decisions until the pause ends, and entities would not be allowed to begin activities that require OPS registration unless specifically authorized. The proposal also targets payment arrangements involving virtual asset service providers. BSP-supervised institutions that offer merchant acquisition services would need to handle regulated VASPs through direct merchant arrangements, with those relationships subject to enhanced due diligence, ongoing monitoring, transaction and settlement limits, and other risk-based controls. The requirement would apply to virtual asset firms that must be licensed, registered or authorized by the BSP, the Philippine Securities and Exchange Commission, or another authority. If finalized, the draft would take effect 15 days after publication. The BSP is currently accepting feedback.

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Philippine central bank proposes 12-month freeze on new payment operator registrations and tighter VASP controls