Crypto / Digital Assets

Crypto / Digital Assets

California Governor Approves Digital Financial Assets Law

By Editors | 18/10/2023

The law grants California’s DFPI the authority to develop a regulatory framework for crypto activities in the state.

Crypto / Digital Assets

BCBS Consults on Bank Disclosure Requirements for Crypto Exposures

By Editors | 17/10/2023

Major banks would have to disclose information on their crypto activities, crypto exposures, and related accounting classifications and capital and liquidity requirements.

Crypto / Digital Assets

MAS Grants Major Payments Institution Licence to Upbit

By Editors | 16/10/2023

Upbit is South Korea’s largest crypto exchange. The group also has regulated digital asset exchanges in Indonesia and Thailand.

Crypto / Digital Assets

G20 Leaders Adopt IMF-FSB Roadmap on Crypto Assets

By Editors | 16/10/2023

The G20 finance ministers and central bank governors called for “swift and coordinated implementation” of the roadmap.

Crypto / Digital Assets

Australia Consults on Proposed Regulatory Framework for Crypto

By Manesh Samtani | 16/10/2023

Digital asset platforms would be subject to existing financial services laws and required to obtain a licence from ASIC.

Crypto / Digital Assets

Singapore Builds Trust in Crypto with New Regulations

By Ranamita Chakraborty | 16/10/2023

Regulation Asia speaks to legal experts on what lies ahead for DPT service providers in Singapore as they navigate the evolving regulatory landscape.

Crypto / Digital Assets

ESMA Publishes Two Papers on DeFi Risks and Categorisation

By Mark Johnston | 13/10/2023

One paper analyses the main features, benefits and challenges of DeFi. The other proposes a methodology to classify smart contracts.

Crypto / Digital Assets

US Regulators File Suit Against Former CEO of Voyager Digital

By Manesh Samtani | 13/10/2023

The CFTC and FTC filed parallel actions alleging Stephen Ehrlich misled customers and caused more than $1bn in losses to Voyager customers.

Crypto / Digital Assets

Tokenisation Is Revolutionising Markets, But One Element Is Still Missing

By Ralf Kubli | 13/10/2023

Ralf Kubli says standardised algorithmic definitions must be used to ensure the entirety of a tokenised asset’s collateral, liabilities, and cash flows are represented.