Crypto / Digital Assets

Crypto / Digital Assets

ESMA Issues Second Consultation on MiCA Technical Standards

By Editors | 07/10/2023

The consultation covers sustainability indicators of CASPs, trade transparency, record-keeping, and machine-readability of white papers.

Crypto / Digital Assets

BCBS to Issue New Consultations on Climate, Crypto Disclosures

By Editors | 06/10/2023

Consultation on bank disclosures of crypto exposures coming “soon”. Consultation on Pillar 3 disclosures for climate-related financial risks coming in November.

Fintech / Regtech

BIS to Advise Korea on Design & Implementation of CBDC Pilot

By Sanday Chongo Kabange | 05/10/2023

South Korean regulators will start testing a wholesale CBDC with commercial banks this month, and a retail CBDC in Q4 of next year.

Crypto / Digital Assets

SFC, HKPF Form Dedicated Working Group on VATPs

By Sanday Chongo Kabange | 05/10/2023

The working group will facilitate information sharing and collaboration on monitoring and investigations involving crypto platforms.

Sanctions

OFAC Sanctions China-based Network for Fentanyl Production, Trafficking

By Editors | 04/10/2023

The DOJ unsealed indictments charging Chinese companies and their employees for illicit drug production, distribution, and sales of precursor chemicals.

Crypto / Digital Assets

BIS Project Yields PoC Data Platform for Analysing Global Crypto Flows

By Manesh Samtani | 04/10/2023

Project Atlas combines on- and off-chain information to create a data platform that allows policymakers and central banks to analyse international flows of cryptoassets.

Enforcement

US Judge Denies SEC Permission to Appeal Ripple Ruling

By Editors | 04/10/2023

The July ruling found that programmatic sales of Ripple’s XRP digital token on public exchanges was not a breach of federal securities laws.

Crypto / Digital Assets

UPDATE – UBS, SBI Launch Tokenised VCC Fund Pilot in Singapore

By Editors | 04/10/2023

The live pilot of a tokenised money market fund was launched under a wider VCC umbrella as part of Project Guardian.

Crypto / Digital Assets

Korea: Three Securities Firms Form Digital Securities Consortium – Report

By Editors | 04/10/2023

The three securities firms hope to share costs and gain economies of scale to attract more issuers for STOs.