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Crypto / Digital Assets
Australia: Senate Committee Rejects Andrew Bragg Crypto Bill
By Manesh Samtani | 05/09/2023
The committee said consultations planned by the government are the most appropriate way to develop a regulatory framework for digital assets.

Crypto / Digital Assets
LSEG to Push Forward Plans to Develop Digital Markets Business
By Editors | 05/09/2023
LSEG has been exploring a possible blockchain-powered trading venue for about a year and has now reached an “inflection point”.

Crypto / Digital Assets
Japan FSA Asks Government to Review Crypto Tax Policy
By Editors | 04/09/2023
The FSA is seeking a review of the existing requirement for companies to pay tax on unrealised crypto gains.

AML / KYC
Crypto Travel Rule Comes into Force in the UK
By Editors | 04/09/2023
The UK is now one of several jurisdictions to have now implemented the travel rule for the crypto sector.

Crypto / Digital Assets
Swift Publishes Findings from Tokenisation Experiments
By Editors | 04/09/2023
Swift says its existing infrastructure can provide a single point of entry for FIs to move tokenised assets across blockchains.

AML / KYC
KoFIU Fines, Suspends Crypto Lender for AML Violations
By Editors | 04/09/2023
Crypto lender Delio failed to assess money laundering risks, had KYC lapses, and failed to restrict transactions with unregistered VASPs.

Crypto / Digital Assets
SFC Grants In-Principle Approval to Swiss Crypto Bank, SEBA
By Manesh Samtani | 30/08/2023
SEBA plans to offer brokerage, advisory and asset management services in Hong Kong, covering securities, derivatives and crypto products.

Crypto / Digital Assets
US Court Orders SEC to Review Grayscale Bitcoin ETF Application
By Editors | 30/08/2023
The court said the SEC failed to adequately explain why it approved the listing of bitcoin futures ETPs but not Grayscale’s proposed spot bitcoin ETF.

Crypto / Digital Assets
Hackers Access FTX, BlockFi, Genesis Customer Data
By Mark Johnston | 30/08/2023
Kroll said the cyber actor targeted a T-Mobile account belonging to a Kroll employee in a “highly sophisticated SIM swapping attack”.

Crypto / Digital Assets
UK Proposes Blanket Ban on Cold Calls for Financial Services
By Editors | 30/08/2023
The ban on cold calling, as proposed, would cover banking, payments, insurance, mortgages, various tangible investments, and cryptoassets.
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