Crypto / Digital Assets

UPDATED – ASX to List First Bitcoin ETF, Joining Cboe Australia

14/06/2024

APAC CEO Arian Neiron said VanEck recognised bitcoin as an emerging asset class that “many advisers and investors want to access”.

Sanctions

UK, Canada Announce New Russia Sanctions at G7 Summit

14/06/2024

The UK’s 50 targets include Moscow Exchange and five China-based entities. Canada’s sanctions target 11 individuals and 16 entities.

Capital / Liquidity

Taiwan Central Bank Raises RRR to Cool Property Market

14/06/2024

The RRR increase came alongside a new round of real estate control measures which lowered the maximum LTV ratio for second homes in designated areas.

Crypto / Digital Assets

Taiwan Crypto Industry Launches New “VASP Association”

14/06/2024

The VASP Association is charged with developing self-regulatory guidelines and best practices for the crypto industry.

Sanctions

G7 to Raise $50bn for Ukraine Using Frozen Russian Assets

13/06/2024

A $50bn loan will be taken out and the interest will be paid using profits generated by frozen Russian assets.

Enforcement

US Court Jails Two Over Sanctions Evasion Scheme

13/06/2024

A Chinese national and US citizen were jailed for attempting to broker illicit oil sales between Iran and China and launder the proceeds.

Securities / Derivatives

Sri Lanka Completes Transition to Shorter Settlement Cycle

13/06/2024

The CSE described the transition from T+3 to T+2 for equity trades as “seamless” and a “significant milestone”.

Crypto / Digital Assets

Terraform, Do Kwon Agree $4.6b Settlement With US SEC

13/06/2024

The settlement comes after a New York jury in April found Terraform Labs and Do Kwon liable on civil fraud charges.

Enforcement

US Authorities Arrest Two for Illegal Russia Export Scheme

13/06/2024

The two men engaged in a scheme to covertly sell snowmobiles to Russia through an intermediary company in Hong Kong.