Crypto / Digital Assets

AML / KYC

FinCEN to Require FIs to Report Transactions Involving Crypto Mixers

By Editors | 19/10/2023

FIs would have to report information about transactions they know or suspect could involve crypto mixing, whether in the US or in another jurisdiction.

AML / KYC

Singapore Prosecutors Establish Technology and Crypto Crime Task Forces

By Editors | 19/10/2023

Singapore’s Attorney General’s Chambers has established a Technology Crime Task Force and Virtual Currency Task Force.

Crypto / Digital Assets

ASIC Chair Stresses Need for Strong Regulation in Crypto

By Mark Johnston | 18/10/2023

ASIC chair Joe Longo was speaking hours after the launch of a new consultation paper on the future regulation of crypto service providers.

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.