Crypto / Digital Assets

Press Release

Regulation Asia Awards for Excellence 2023 – Results Announcement

By Editors | 15/11/2023

Regulation Asia held its sixth annual Awards ceremony on 14 November 2023. Here we explain our methodology and announce the winners for the year.

AML / KYC

Basel AML Index: AML/CFT Systems Have Become Less Effective

By Editors | 14/11/2023

The 2023 Basel AML Index highlights a drop in the effectiveness of AML/CFT systems and inadequate compliance globally with the FATF standards for virtual assets.

Crypto / Digital Assets

ASIC Sheds Light on Losses Recovered for Retail Derivatives Investors

By Sanday Chongo Kabange | 13/11/2023

Seven CFD issuers and Binance Australia Derivatives paid A$17.4mn in compensation to over 2,000 retail clients since March 2021.

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.