Crypto / Digital Assets

AML / KYC

Australia Publishes Sanctions Advisory for Crypto Exchanges

By Nithya Subramanian | 10/05/2024

Digital currency exchanges should take “reasonable precautions” and exercise due diligence to prevent sanctions evasion.

Crypto / Digital Assets

EBA Publishes MiCA Standards for Stablecoin Authorisation

By Editors | 09/05/2024

New standards also set out the information that must be submitted for acquisitions in issuers of asset-referenced tokens.

Crypto / Digital Assets

FTX to Make Full Repayment to Non-Government Creditors

By Manesh Samtani | 09/05/2024

Under the reorganisation plan, up to 98% of non-government creditors will receive about 118% of their claims in cash.

Crypto / Digital Assets

Singapore, UK to Boost Fintech, Green Finance Cooperation

By Nithya Subramanian | 09/05/2024

MAS and HM Treasury will collaborate to develop and finance green finance and energy transition projects in APAC.

Crypto / Digital Assets

Singapore Law Firm Pays $1.4m Ransom Demand

By Editors | 08/05/2024

The law firm was initially asked to pay $2mn, but the Akira ransomware group agreed to lower the amount after negotiations.

Enforcement

US SEC Notifies Robinhood of Pending Enforcement Action

By Editors | 08/05/2024

The action is related to the cryptocurrencies offered on Robinhood’s platform, some of which may be classified by the SEC as securities.

Big Picture

Regulatory Hurdles Limit Adoption of Tokenised Alternative Assets

By Nithya Subramanian | 08/05/2024

Moody’s Investors Service outlines the technical and regulatory hurdles that may limit adoption of tokenised alternative assets.

Fintech / Regtech

HKMA Forms New Architecture Community for Project Ensemble

By Sanday Chongo Kabange | 08/05/2024

The Community will develop standards to support interoperability among wCBDC, tokenised money and tokenised assets.

AML / KYC

US Prosecutors Secure Guilty Plea from Ex BTC-e Operator

By Editors | 06/05/2024

Alexander Vinnik was facing up to 55 years in prison, but due to a plea bargain he is expected to receive a prison term of less than ten years.