Crypto / Digital Assets

Crypto / Digital Assets

Hong Kong Launches Asia’s First Spot Crypto ETFs

By Manesh Samtani | 30/04/2024

ChinaAMC, Harvest Global Investments, and Bosera Asset Management each listed a spot Bitcoin ETF and a spot Ether ETF.

Crypto / Digital Assets

Taiwan Prosecutors Charge 32 Suspects Over Crypto Fraud

By Editors | 29/04/2024

The suspects encouraged investors to purchase various tokens and manipulated their prices, causing TWD 800 million in losses.

Crypto / Digital Assets

Crypto Software Firm Consensys Files Suit Against US SEC

By Nithya Subramanian | 29/04/2024

Consensys has asked a federal court to declare that Ethereum is not a security, and therefore outside the SEC’s jurisdiction.

Crypto / Digital Assets

UK Law Enforcement Gets Stronger Powers to Seize Crypto

By Editors | 29/04/2024

UK law enforcement agencies will be able to seize crypto assets from a suspect without having to make an arrest first.

Crypto / Digital Assets

BOJ Publishes Progress Report on CBDC Pilot Experiment

By Editors | 29/04/2024

The experimental CBDC system will preserve user privacy by requiring intermediaries to separate customer data management from payment functions.

Crypto / Digital Assets

ATO Asks Crypto Firms to Hand Over User Data

By Sanday Chongo Kabange | 27/04/2024

The ATO says the data collection effort is to ensure that crypto traders are fulfilling their tax lodgment, reporting and payment obligations.

AML / KYC

US DOJ Charges Founders of Crypto Mixer “Samourai Wallet”

By Editors | 27/04/2024

Over around ten years, Samourai Wallet was used to launder over $100mn in crime proceeds, earning the founders at least $4mn in fees.

Enforcement

Thai Police to Return $3.4m in Seized Assets to Crypto Fraud Victims

By Mark Johnston | 25/04/2024

The assets were confiscated from two gambling websites that were linked to a cryptocurrency fraud scheme; 23 suspects were arrested.

Enforcement

US SEC Asks Court to Force Terraform Labs and Founder to Pay $5.3b

By Mark Johnston | 25/04/2024

The SEC argues that Terraform Labs and Do Kwon have not shown remorse for their conduct and are likely to commit additional violations.