CRYPTO / DIGITAL ASSETS

Crypto / Digital Assets

Singapore Crypto Lender Hodlnaut to Enter Into Liquidation

By Editors | 13/11/2023

Creditors rejected Hodlnaut’s restructuring plan, believing a liquidation would maximise the distribution of the remaining assets.

Crypto / Digital Assets

APAC FIs See Cost Savings as Main Benefit of Tokenisation: Survey

By Editors | 12/11/2023

A survey of FIs conducted by SBI Digital Assets Holdings found that FIs see cutting out intermediaries as the top benefit of tokenisation.

Crypto / Digital Assets

Countries to Start Sharing Tax Information on Crypto by 2027

By Editors | 12/11/2023

The 48 countries pledge to implement the CARF at the local level in time for automatic exchanges of tax relevant-information on crypto-assets to commence by 2027.

Crypto / Digital Assets

Taiwan Authorities Arrest Two Individuals Linked to JPEX

By Editors | 10/11/2023

Investors in Taiwan have initiated legal action against the allegedly fraudulent crypto exchange, which first came under regulatory scrutiny in Hong Kong.

Crypto / Digital Assets

First Digital Asset Custodian Services Launched in Malaysia

By Nithya Subramanian | 10/11/2023

CoKeeps, a homegrown  firm, offers security features that safeguard against both external and internal threats.

Crypto / Digital Assets

FSC Taiwan Green Lights Cathay Securities STO Launch

By Editors | 10/11/2023

The STO is expected to raise TWD 30 million and commence trading on an STO platform built by Cathay Securities on 12 December.

Enforcement

US Prosecutors Secure Guilty Plea from OneCoin Executive

By Mark Johnston | 10/11/2023

Irina Dilkinska was in charge of compliance at OneCoin, a global crypto scam that lured investors with false promises of high returns.

Capital / Liquidity

EBA Issues Third Batch of MiCA-related Consultations

By Editors | 09/11/2023

The consultations cover transaction reporting, recovery planning, own funds, stress testing, and liquidity requirements for stablecoin issuers.

Crypto / Digital Assets

HSBC to Launch Custody Service for Tokenised Securities

By Editors | 09/11/2023

The new digital assets custody service will launch in 2024, using custody infrastructure provided by Ripple-owned Metaco.