Crypto / Digital Assets

Crypto / Digital Assets

ASX Commences Trading in Second Spot Bitcoin ETF

By Editors | 12/07/2024

The ETF is managed by DigitalX Limited in partnership with K2 Asset Management and Canadian firm 3iQ.

Crypto / Digital Assets

Futu Securities Granted Approval to Offer Crypto in Hong Kong

By Editors | 11/07/2024

A licence upgrade allows Futu Securities to provide virtual asset dealing services to retail and professional investors in Hong Kong.

AML / KYC

US DOJ Secures Guilty Plea from Crypto Exec for AML Failures

By Editors | 11/07/2024

Paxful co-founder Artur Schaback pleaded guilty for willfully failing to establish, develop, implement, and maintain an effective AML programme.

Crypto / Digital Assets

Korean Regulators Outline Approach to Crypto Investigations

By Manesh Samtani | 10/07/2024

The new investigation system will be immediately activated on 19 July, when the new Virtual Asset User Protection Act takes effect.

AML / KYC

Global Implementation of AML Measures for Crypto “Still Lagging”

By Manesh Samtani | 10/07/2024

The FATF says there has been “negligible improvement” in regulating virtual assets and “insufficient progress” in implementing the travel rule.

Crypto / Digital Assets

Philippine Crypto Firm Launches First Peso Stablecoin

By Sanday Chongo Kabange | 09/07/2024

Coins.ph has launched its Peso-backed stablecoin to enhance efficiency and reduce costs of transactions and payments.

Crypto / Digital Assets

Defunct Crypto Exchange Mt Gox Starts Repaying Creditors

By Editors | 09/07/2024

Mt. Gox was forced to close in 2014 after a major hack. Creditors have waited 10 years for repayments, which are now expected to be completed within 90 days.

Crypto / Digital Assets

Schroders Launches Pilot Project to Tokenisation ILS Assets

By Editors | 06/07/2024

The project aims to enhance transparency, streamline investment processes and improve client experience in the reinsurance sector.

Crypto / Digital Assets

Circle Secures First Stablecoin License under EU’s MiCA Framework

By Nithya Subramanian | 05/07/2024

Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.