Crypto / Digital Assets

US Agents Seized Over $3.3bn in Silk Road’s Bitcoin Last Year: DOJ

08/11/2022

Over 50,000 Bitcoin, stolen from online marketplace Silk Road in 2012, was seized in November 2021 and has since lost more than two-thirds of its value.

Crypto / Digital Assets

Bank of Korea Completes Second Stage of CBDC Experiments

08/11/2022

BOK tested the use of its CBDC system to purchase NFTs, perform cross-border remittances, fulfill seizure orders, and automate AML/CFT monitoring and STR filings.

AML / KYC

IFSCA Issues AML/CFT Guidelines for GIFT City Regulated Entities

07/11/2022

The IFSCA said all senior managers are responsible for compliance with the new guidelines, which also apply to financial groups of regulated entities.

Crypto / Digital Assets

EU Parliament to Delay MiCA Vote Until Feb 2023 – Report

07/11/2022

The European Parliament was planning to hold its vote on the MiCA text in December. The European Council approved the text in early October.

Securities / Derivatives

CSRC Launches Upgraded Investor Complaints Service

07/11/2022

The CSRC said the enhancements will make it easier for investors to report issues they encounter and improve processing speed and efficiency.

Australia Postpones Financial Adviser Registration Requirement

07/11/2022

Legislation passed last October required financial advisers to register with ASIC by 1 January 2023. The new deadline is 1 July 2023.

ESG / Sustainability

Singapore Launches New Climate Finance Accelerator

07/11/2022

MAS, Google Cloud and KPMG launched the accelerator to channel capital toward companies with market-ready climate fintech solutions.

Crypto / Digital Assets

Goldman, MSCI, Coin Metrics Launch Taxonomy for Digital Assets

07/11/2022

The taxonomy classifies coins and tokens based on how they are used to facilitate digital asset portfolio analysis, monitoring, benchmarking, and risk management.

Crypto / Digital Assets

SIX Dually Lists UBS Bond on Digital & Traditional Exchanges

07/11/2022

UBS says the issuance is the world’s first public benchmark bond that investors can access in both digital and traditional markets.