Crypto / Digital Assets

Crypto / Digital Assets

Hong Kong: Going Digital Caused Scams to Rise 45.1% in 2022

By Karen Ng | 07/06/2023

Data compiled by law firm Freshfield Bruckhaus Deringer shows that Hong Kong deception cases grew 45.1 percent in 2022.

Crypto / Digital Assets

Philippine SEC Delayed Roll-out of Crypto Rules Last Year Due to FTX

By Sanday Chongo Kabange | 07/06/2023

The SEC was ready to issue a new regulatory framework for crypto assets late last year, but decided to delay its release to incorporate lessons from the FTX collapse.

Crypto / Digital Assets

Cboe Granted Approval to Clear Margined Crypto Futures

By Sanday Chongo Kabange | 07/06/2023

To date, Cboe has offered trading and clearing of Bitcoin and Ether futures only on a fully collateralised basis.

Crypto / Digital Assets

US SEC Seeks Emergency Freeze on Binance Assets

By Manesh Samtani | 07/06/2023

The emergency motion comes a day after the SEC charged Binance and its CEO for alleged securities law violations.

Fintech / Regtech

Stanchart, PwC Examine CBDC Opportunities in GBA

By Sanday Chongo Kabange | 06/06/2023

The paper says the GBA is an ideal launch pad for CBDC pilots given its use of three different currencies and monetary authorities.

Crypto / Digital Assets

Hong Kong Firms Launch Virtual Asset Rating Agency

By Editors | 06/06/2023

The Hong Kong Virtual Assets Consortium will provide a ratings service for crypto asset exchanges and exchange-traded products.

Crypto / Digital Assets

Russia Drops Plan to Establish National Crypto Exchange

By Mark Johnston | 06/06/2023

The country now plans to create rules that will enable multiple crypto trading platforms to be established and conduct cross-border transactions.

Crypto / Digital Assets

US SEC Charges Coinbase for Alleged Securities Law Violations

By Manesh Samtani | 06/06/2023

Ten US states separately accused Coinbase of securities law violations. CEO Brian Armstrong said the SEC lawsuit will help establish clarity around crypto rules.

Crypto / Digital Assets

US Lawmakers Propose Crypto Bill to Clarify SEC, CFTC Oversight Roles

By Mark Johnston | 06/06/2023

The bill would create a new category of regulated entities under the CFTC called digital commodity exchanges.