CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

StanChart Becomes First Foreign Bank to Join e-CNY Pilot

By Editors | 28/11/2023

Under the CBDC pilot programme, the bank will explore cross-border merchant payments, trade financing and supply chain financing.

Crypto / Digital Assets

Philippine SEC to Ban Unregistered Foreign Trading Platforms

By Sanday Chongo Kabange | 28/11/2023

The SEC is planning to ban online stock and crypto trading platforms that are not registered to operate in the Philippines.

Crypto / Digital Assets

HK SFC Under Fresh Scrutiny Over Crypto Platform Hounax

By Sanday Chongo Kabange | 28/11/2023

The SFC is being accused of playing a “passive role” by not blocking suspicious crypto trading platform Hounax and preventing it from contacting the public.

Crypto / Digital Assets

HK Police Arrest 30 in Connection with Alleged JPEX Fraud

By Editors | 28/11/2023

A total 66 individuals have now been arrested, though they have not yet been charged and have all been released on bail pending investigation.

Crypto / Digital Assets

Interactive Brokers, Victory Securities Granted HK Crypto Licences

By Editors | 27/11/2023

Interactive Brokers and Victory Securities say they have approval to offer crypto trading services to retail investors in Hong Kong.

Crypto / Digital Assets

EBA Consults on Travel Rule Guidelines for Funds and Crypto Transfers

By Mark Johnston | 27/11/2023

The EBA plans new guidelines to prevent the misuse of funds and crypto-assets transfers for illicit purposes, aligning with FATF standards.

Crypto / Digital Assets

Montenegro Court Approves Extradition of Terra Founder

By Mark Johnston | 27/11/2023

The court said both South Korea and the US have met Montenegro’s legal requirements for Do Kwon’s extradition.

Crypto / Digital Assets

UK Funds Can Start Tokenising Funds, FCA Confirms

By Mark Johnston | 25/11/2023

In this initial stage, FCA authorised funds can implement tokenisation using a “baseline approach”, provided they meet certain characteristics.

Enforcement

Binance Founder Allowed to Return to UAE Until Sentencing

By Mark Johnston | 24/11/2023

The DOJ has appealed the decision to allow Changpeng Zhao to leave the US until sentencing on 23 February 2024.