ADVERTISEMENT
Crypto / Digital Assets
AML / KYC
KoFIU, DAXA Target Unlicensed Crypto Firms With New Initiative
By Editors | 06/12/2023
The public can report unlicensed crypto exchanges to DAXA, which will review the reports and then pass them to KoFIU for further action.
Crypto / Digital Assets
Cristiano Ronaldo Facing Class Action Over Binance Endorsement
By Editors | 04/12/2023
The $1bn lawsuit claims the endorsement led the plaintiffs to make loss-making investments, including in “CR7” branded NFTs.
Crypto / Digital Assets
IOSCO Chair Calls for Coordinated Response to Crypto Challenges
By Ranamita Chakraborty | 04/12/2023
Jean-Paul Servais and Tuang Lee Lim from IOSCO highlight the need for standardised guidelines for crypto, digital assets and sustainability.
Crypto / Digital Assets
Third Phase of CBDC Project “Helvetia” Gets Underway
By Manesh Samtani | 01/12/2023
The pilot programme allows participating banks to settle digital bonds and repo transactions against wholesale CBDC on a DvP basis.
Crypto / Digital Assets
Cyber Security is a Key Risk for CBDCs: BIS Paper
By Manesh Samtani | 01/12/2023
The report points to potential gaps in central banks’ internal capabilities and skills as a “key risk”.
Crypto / Digital Assets
US Treasury Lobbies for Powers to Pursue Foreign Crypto Firms
By Editors | 30/11/2023
Deputy Secretary Wally Adeyemo said Treasury is calling for legislation authorising OFAC to exercise extraterritorial jurisdiction over transactions in USD-pegged stablecoins.
Crypto / Digital Assets
More Foreign Banks Join China’s CBDC Pilot Initiative
By Manesh Samtani | 30/11/2023
HSBC, Hang Seng Bank, Fubon Bank and Standard Chartered are participating in China’s CBDC pilot initiative.
Crypto / Digital Assets
BIS Publishes Findings from CBDC Project to Address Privacy, Security
By Manesh Samtani | 30/11/2023
The report says Project Tourbillon shows that it is feasible to implement payer anonymity and “quantum-safe blind signatures”.
Crypto / Digital Assets
The Boiling Frog: Finfluencers in the Investment Management Industry
By Pankaj Sharma | 29/11/2023
Pankaj Sharma and Phoebe Chan discuss the complexities of regulating financial promotions online, finfluencers in particular, and offer recommendations.
Crypto / Digital Assets
Crypto Firm Zipmex Suspends Operations Due to Capital Shortfall
By Editors | 29/11/2023
Thailand’s laws require digital assets businesses to suspend business operations if they are unable to maintain the net liquid capital requirement.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.