Crypto / Digital Assets

Crypto / Digital Assets

BOJ to Catalogue Legal Issues for CBDC by April

By Editors | 31/01/2024

BOJ and Ministry of Finance officials held a meeting to discuss the legal issues that need to be resolved for the issuance of a CBDC.

Big Picture

BIS Research Reveals Role of Public Perception in Stablecoin Values

By Ranamita Chakraborty | 31/01/2024

New paper examines how public information shapes coordination risk among stablecoin holders in relation to their beliefs about peg stability.

Crypto / Digital Assets

ESMA Consults on New Guidelines for MiCA Regime

By Editors | 30/01/2024

Third-country crypto firms will be prohibited from soliciting EU clients unless the client is the “exclusive initiator” of the crypto-asset service.

Crypto / Digital Assets

Harvest Becomes First Hong Kong Applicant for Spot Bitcoin ETF

By Manesh Samtani | 30/01/2024

Harvest Global Investments has applied to list a spot Bitcoin ETF in Hong Kong, and also plans to participate in HKMA’s stablecoin sandbox.

Crypto / Digital Assets

FSS Korea to Restructure Virtual Asset Fraud Reporting Centre

By Manesh Samtani | 30/01/2024

Users can report unfair trades, not just frauds and scams. Reporting process, investigation support and coordination to also improve.

Crypto / Digital Assets

UK Publishes Response to Digital Pound Consultation

By Editors | 28/01/2024

No final decision has been made to pursue a digital pound, but work will continue to explore its feasibility and potential design choices.

AML / KYC

Japan FSA Proposes to Add Jurisdictions to Travel Rule

By Editors | 27/01/2024

Eight countries were added, including the UAE, India, Indonesia, the UK, Estonia, Nigeria, Bahrain, and Portugal.

Crypto / Digital Assets

Hong Kong’s GF Securities Launches Tokenised Bonds

By Nithya Subramanian | 26/01/2024

The securities firm said that the tokenised bonds which are available to institutional investors, can be safely transacted and stored in client wallets.

Crypto / Digital Assets

SFC Grants Licence Upgrade Allowing Tiger Brokers to Offer Crypto

By Editors | 26/01/2024

Tiger Brokers said it is one of the first mainstream online brokerage firms in Hong Kong to receive approval for such a licence upgrade.