Crypto / Digital Assets

    image

    AML / KYC

    Tokenisation Will Improve Correspondent Banking Model: BIS Paper

    By Manesh Samtani | 01/06/2024

    The next generation of correspondent banking will make “previously closed corridors economically viable once again”.

    image

    Crypto / Digital Assets

    UK Sees Launch of First Six Crypto ETN Products

    By Editors | 31/05/2024

    21Shares and WisdomTree launched a total six ETNs on the LSE, which are fully backed by physical holdings of Bitcoin or Ethereum.

    image

    Capital / Liquidity

    EU Adopts Final Basel III Rules, Confirms Jan 2025 Roll-Out

    By Manesh Samtani | 31/05/2024

    Earlier this week, an ECB official said Basel III should be delayed in the EU if the US is too slow to adopt its own reform plan.

    image

    Crypto / Digital Assets

    NYDFS Sets Customer Service Standards for Crypto Firms

    By Editors | 31/05/2024

    New NYDFS guidance sets expectations for crypto firms regarding customer service, complaints response and resolution, and reporting.

    image

    Crypto / Digital Assets

    NYSE to Launch Cash-settled Bitcoin Index Options

    By Editors | 31/05/2024

    The options contracts will track the CoinDesk Bitcoin Price Index and are subject to regulatory approval.

    image

    Crypto / Digital Assets

    ‘Gemini Earn’ Investors Secure Return of $2b in Crypto Assets

    By Editors | 30/05/2024

    Investors are receiving their digital assets “in kind”, meaning they benefit from crypto price increases since withdrawals were halted in January 2023.

    image

    Securities / Derivatives

    Major FMIs Offer Blueprint for Digital Asset Ecosystem

    By Editors | 30/05/2024

    DTCC, Clearstream And Euroclear seek to promote the adoption and acceptance of tokenisation and digital asset securities.

    image

    Crypto / Digital Assets

    Authorities Take Down “World’s Largest” Malicious Botnet

    By Editors | 30/05/2024

    US authorities, with international partners, arrested the botnet’s administrator and seized infrastructure and assets.

    image

    Crypto / Digital Assets

    US Treasury Publishes Illicit Finance Risk Assessment on NFTs

    By Editors | 30/05/2024

    NFTs are “highly susceptible” to use in fraud and scams, but “rarely” used for proliferation financing or terrorist financing.

    image

    Enforcement

    Former FTX Executive Sentenced to 7.5 Years in Prison

    By Editors | 29/05/2024

    Former FTX executive Ryan Salame was also ordered to pay more than $6mn in forfeiture and more than $5mn in restitution.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.