Crypto / Digital Assets

Crypto / Digital Assets

“Consistency” and “Cooperation” To Form Next Steps in Crypto Regulation

By Jill Wong | 15/09/2023

Chengyi Ong, Chainalysis’ head of policy, APAC, talks to Regulation Asia about the perceived policy direction in crypto regulations.

Crypto / Digital Assets

Deutsche Bank Enters Crypto Custody Space with Taurus Partnership

By Mark Johnston | 15/09/2023

The bank will hold cryptocurrencies and tokenised assets for its institutional clients, but not offer crypto trading yet.

Big Picture

Crypto Leaders Call For Prioritising the ‘Basics’ in Regulation

By Ranamita Chakraborty | 15/09/2023

Ripple CEO Brad Garlinghouse, BitGo CEO Mike Belshe and OKX president Hong Fang discuss the need for clear regulatory priorities in the evolving crypto landscape during a panel discussion at the Token2049 Singapore conference.

Crypto / Digital Assets

US SEC Settles Second NFT-related Enforcement Action

By Editors | 14/09/2023

Animated web series creator will pay $1mn to settle SEC claims that it conducted an unregistered offering of crypto asset securities. Two commissioners dissented.

Enforcement

US Court Sentences Co-Founder of “OneCoin” Fraud to 20 Years

By Editors | 14/09/2023

OneCoin was a fraudulent cryptocurrency that was sold through a pyramid scheme to millions of people from 2014-2016, resulting in $4bn in worldwide losses.

Crypto / Digital Assets

EU Parliament Approves Crypto Tax Reporting Rules

By Mark Johnston | 14/09/2023

The rule, known as DAC8, aligns with the OECD’s crypto-asset reporting framework and will take effect on 1 January 2026.

Crypto / Digital Assets

HKMA, Central Banks to Beta Test CBDC Interoperability Solution

By Editors | 14/09/2023

New use cases for the solution, developed by Swift, are also being tested in a new sandbox environment by the RBA, BOT, CLS and other institutions.

Crypto / Digital Assets

Understanding AI in Blockchain Key to Smart Contracts Growth 

By Jill Wong | 13/09/2023

The interaction of AI and blockchain technology means the sophistication of smart contracts is breaking new ground.

Crypto / Digital Assets

BIS Innovation Hub Unveils Findings from CBDC Project “Sela”

By Editors | 13/09/2023

The collaboration with HKMA and Bank of Israel demonstrated that retail CBDC can support access, cyber security and competition, while retaining cash features.